New Zealand Legislation: Bills

8 Definitions

• In this subpart, unless the context otherwise requires,—

  enhanced customer due diligence means customer due diligence in accordance with the requirements set out in sections 21 to 27 and any other requirements prescribed by regulations

  simplified customer due diligence means customer due diligence in accordance with the requirements set out in sections 17 to 19 and any other requirements prescribed by regulations

  standard customer due diligence means customer due diligence in accordance with the requirements set out in sections 13 to 15 and any other requirements prescribed by regulations.