Commonwealth Numbered Regulations

FINANCIAL TRANSACTION REPORTS REGULATIONS 2019 (F2019L01173) - REG 8

                   For the purposes of the definition of international funds transfer instruction in subsection 3(1) of the Act, the following kinds of instructions are prescribed:

                     (a)  an instruction that is transmitted out of Australia by a corporate treasurer for the purpose of providing financial management services to a body corporate that is related to the corporate treasurer;

                     (b)  an instruction that is transmitted into Australia to a corporate treasurer for the purpose of assisting the corporate treasurer to provide financial management services to a body corporate that is related to the corporate treasurer.