4‑3 Purpose of this Division4‑3 Purpose of this Division

4‑3 Purpose of this Division

(1) For the purposes of paragraphs 75B(3)(b) and 76D(2)(b) of the Act, this Division sets out the information that must be contained in the following: (a) an application by a person under subsection 75B(1) of the Act for registration as a remittance network provider, an independent remittance dealer or a remittance affiliate of a registered remittance network provider; (b) an application by a registered remittance network provider under subsection 75B(2) of the Act for another person to be registered as a remittance affiliate of the registered remittance network provider; (c) an application by a person under subsection 76D(1) of the Act for registration as a virtual asset service provider. (2) The information set out in the following provisions of this instrument is not required in an application for registration as a remittance affiliate of a registered remittance network provider (under either subsection 75B(1) or 75B(2) of the Act) if a senior manager of the remittance affiliate has given or intends to give the approval referred to in subsection 26S(4) of the Act: (a) sections 4‑5, 4‑6 and 4‑8; (b) paragraphs 4‑12(a) to (c).