Financial Transaction Reports Act 1988
View history note
Hide history noteIn this Part:
account
means any facility or arrangement through which a financial institution accepts deposits or allows withdrawals, and includes a facility or arrangement for:
(a) an interest bearing deposit lodged for a fixed period; and
(b) a safety deposit box.
financial transaction document
, in relation to a financial institution, means any document that relates to a financial transaction carried out, before the commencement of Division 1 of Part 2 of the
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
, by the institution in its capacity as a financial institution and, without limiting the generality of this, includes a document relating to:
(a) the opening, operating or closing of an account held with the institution; and
(b) the opening or use of a safety deposit box held with the institution.
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