Document ID: chunk:federal_register_of_legislation:C2025C00044:section:67
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 67
Character Range: 227265–229293

67  Exemptions

Approved third‑party bill payment systems
 (1) This Part does not apply to an instruction that arises from the use of an approved third‑party bill payment system.

Debit cards and credit cards
 (2) This Part does not apply to an instruction that arises from the use of a debit card or a credit card if:
 (a) the use does not involve obtaining a cash advance; and
 (b) the number of the card is included in the instruction; and
 (c) the card is not of a kind specified in the AML/CTF Rules; and
 (d) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.
 (2A) This Part does not apply to an instruction that arises from the use of a debit card or a credit card at a branch of a financial institution if:
 (a) the number of the card is included in the instruction; and
 (b) the card is not of a kind specified in the AML/CTF Rules; and
 (c) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.

Cheques
 (3) This Part does not apply to an instruction given by way of a cheque unless the cheque is of a kind specified in the AML/CTF Rules.

ATMs
 (4) This Part does not apply to an instruction given by the use of an ATM if:
 (a) the ATM is not of a kind specified in the AML/CTF Rules; and
 (b) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.

Merchant terminals
 (4A) This Part does not apply to an instruction given by way of the operation of a merchant terminal if:
 (a) the operation is authorised by a financial institution; and
 (b) the merchant terminal is not of a kind specified in the AML/CTF Rules; and
 (c) the operation does not take place in circumstances of a kind specified in the AML/CTF Rules.

Inter‑financial institution transfers
 (5) This Part does not apply to a transfer of money between 2 financial institutions if each financial institution acts on its own behalf.

Prescribed instructions
 (6) This Part does not apply to an instruction of a kind prescribed by the AML/CTF Rules.