Commonwealth Numbered Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 (NO. 169, 2006) - SECT 42

             (1)  This Division does not apply to a designated service that is of a kind specified in the AML/CTF Rules.

             (2)  The AML/CTF Rules may provide that a specified provision of this Division does not apply to a designated service that is of a kind specified in the AML/CTF Rules.

             (3)  This Division does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules.

             (4)  The AML/CTF Rules may provide that a specified provision of this Division does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules.

             (5)  This Division does not apply to a designated service that is provided by a reporting entity at or through a permanent establishment of the entity in a foreign country.

             (6)  This Division does not apply to a designated service covered by item 54 of table 1 in section 6.

Note:          Item 54 of table 1 in section 6 covers a holder of an Australian financial services licence who arranges for a person to receive a designated service.