FINANCIAL TRANSACTION REPORTS ACT 1988

SCHEDULE 4  

Subsection 16(6)


REPORTABLE DETAILS FOR PURPOSES OF SECTION 16

For the purposes of section 16, the following are the reportable details of a transaction to which a cash dealer is a party:

  • 1. The name, address and business of the cash dealer
  • 2. The nature of the transaction
  • 3. The date of the transaction
  • 4. The place where the transaction was conducted by the cash dealer
  • 5. The names of, or other means of identifying, the persons conducting the transaction on behalf of the cash dealer
  • 6. The identity of any other cash dealer known by the person preparing the report to be involved in the transaction
  • 7. Details, so far as known to the person preparing the report, of the identity of:
  • (a) each person conducting the transaction other than the persons referred to in item 5; and
  • (b) any person on whose behalf the transaction was so conducted;
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    including:
  • (c) the name; and
  • (d) the business or residential address; and
  • (e) the postal address (if different from the address referred to in paragraph (d)); and
  • (f) the occupation or, where appropriate, the business or principal activity;
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    of the person; and
  • (g) the date of birth of each person to whom paragraph (a) applies
  • 8. The methods used to ascertain and verify the details referred to in item 7
  • 9. If a cheque is part of the transaction:
  • (a) the name of the drawer of the cheque; and
  • (b) the name of the payee of the cheque; and
  • (c) the name and branch of the financial institution or foreign financial institution on which the cheque is drawn, and the country in which the branch is located; and
  • (d) if the payee of the cheque is not the beneficiary of the amount of the cheque, the name of the beneficiary;
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    so far as known to the person preparing the report
  • 10. If the purchase or sale of a security forms part of the transaction:
  • (a) the name of the payee, the favouree or the beneficiary of the security (if any); and
  • (b) the name and branch of the financial institution or foreign financial institution involved in the purchase or sale, and the country in which the branch is located
  • 11. If a transfer of currency, within a financial institution or from a financial institution or foreign financial institution to another financial institution or foreign financial institution, forms part of the transaction:
  • (a) the name of the payee, the favouree or the beneficiary of the transfer (if any); and
  • (b) the name and branch of the financial institution or foreign financial institution involved in the transfer, and the country in which the branch is located
  • 12. The name, type, and identifying number, of any account known by the person preparing the report to be affected by the transaction
  • 13. The amounts involved in the transaction
  • 14. The beneficiary of those amounts, so far as known to the person preparing the report
  • 15. The currencies involved in the transaction
  • 16. The name of the person preparing the report
  • 17. The title of the office of the person preparing the report.



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