Financial Transaction Reports Act 1988

PART II - TRANSACTION REPORTS  

Division 3 - Reports of international funds transfer instructions  

SECTION 17C  

17C   ADI ACTING ON BEHALF OF ANOTHER ADI  
For the purposes of this Division, if:


(a) an ADI (the first ADI ) is acting on behalf of, or at the request of, another ADI (the second ADI ); and


(b) the second ADI is (whether or not as a result of one or more previous applications of this section) acting on behalf of, or at the request of, a person who is not an ADI;

the first ADI is taken to be acting on behalf of that person.


 

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