Anti-Money Laundering and Counter-Terrorism Financing Act 2006
42Exemptions
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42 Exemptions
(1) This Division does not apply to a designated service that is of a kind specified in the AML/CTF Rules. (2) The AML/CTF Rules may provide that a specified provision of this Division does not apply to a designated service that is of a kind specified in the AML/CTF Rules. (3) This Division does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules. (4) The AML/CTF Rules may provide that a specified provision of this Division does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules. (5) This Division does not apply to a designated service that is provided by a reporting entity at or through a permanent establishment of the entity in a foreign country, other than a service covered by item 32A of table 1 in section 6.