Financial Transaction Reports Act 1988 (Repealed)
View history note
Hide history noteIf the transferee ADI is given the original and all copies of the document within the 120-day period beginning 30 days before the transfer of the account, this Part applies to the transferee ADI in relation to the document as follows:
(a) if the document was covered by paragraphs 40F(1)(a) to (d) - as if the document were covered by those paragraphs in relation to the transferee ADI;
(b) if the document was covered by subsection 40H(1) - as if the document were covered by that subsection in relation to the transferee ADI;
(c) if the document was covered by subsection 40J(1) - as if the document were covered by that subsection in relation to the transferee ADI;
(d) in any case - as if the minimum retention period applicable to the document were the period of 7 years after the day on which the transferred account is closed.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
