(1) A child who is a signatory to an account is also taken to be identified if there is produced to the identifying cash dealer:
(a) a primary identification document relating to the child; or
(b) a statement, issued on behalf of an educational institution attended by the child, that complies with subsection (2).
(2) A statement complies with this subsection if the statement:
(a) is:
(i) written on the letterhead of the educational institution or on the letterhead of the educational system to which the educational institution belongs; or
(ii) contained in a student card issued by the educational institution that also bears the seal or stamp of the educational institution; and
(b) specifies the name of the child; and
(c) confirms that the child attends the educational institution; and
(d) is signed by any of the following officers (however described) of the educational institution:
(i) the principal;
(ii) the deputy principal;
(iii) the head teacher;
(iv) the deputy head teacher;
(v) the enrolment officer;
(vi) the deputy enrolment officer;
(vii) the secretary;
(viii) the deputy secretary;
(ix) the chief administrator;
(x) the deputy chief administrator.
(3) The identifying cash dealer must:
(a) copy each of the documents produced; or
(b) record for each of those documents the particulars mentioned in section 18.
(4) Verification of the identity of a signatory under the alternative verification procedure specified in subsection (1) is worth 100 points.