Section 6‑42 Initial customer due diligence—prev - Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 - 6‑42 Initial customer due diligence—previous carrying out of applicable customer identification procedure

6‑42 Initial customer due diligence—previous carrying out of applicable customer identification procedure

For the purposes of paragraph 28(6)(b) of the Act, a reporting entity is taken to have established on reasonable grounds each of the matters mentioned in subsection 28(2) in relation to a customer if the reporting entity had, before 31 March 2026, carried out the applicable customer identification procedure (within the meaning of the Act as in force immediately before that date) in respect of the customer or in respect of the trustee of the customer.

6‑42 Initial customer due diligence—prev6‑42 Initial customer due diligence—previous carrying out of applicable customer identification procedure

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6‑42 Initial customer due diligence—previous carrying out of applicable customer identification procedure