Federal Register of Legislation - Australian Government

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No. 1 of 2007 Rules/Other as made
This instrument amends the Anti-Money Laundering and Counter-Terrorism Financing Rules to insert Chapter 11 which relates to AML/CTF compliance reports, and specifies the reporting and lodgment periods for such reports.
Administered by: Attorney-General's
Registered 28 Jun 2007
Tabling HistoryDate
Tabled HR07-Aug-2007
Tabled Senate07-Aug-2007
Date of repeal 09 Apr 2013
Repealed by Attorney-General's (Spent and Redundant Instruments) Repeal Regulation 2013

Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2007 (No. 1)

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

I, NEIL J JENSEN, Chief Executive Officer, Australian Transaction Reports and Analysis Centre, make this Instrument under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing  Act 2006.

Dated 22 June                              2007

 

NEIL J JENSEN

Chief Executive Officer
Australian Transaction Reports and Analysis Centre


1              Name of Instrument

                This Instrument is the Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2007 (No. 1).

2              Commencement

                This Instrument commences on the day after it is registered.

3              Amendment

                Schedule 1 amends the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No.1).

Schedule 1        Amendment

1              After Chapter 10

insert

Chapter 11

 

11.1         These Rules are made under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act) for subsection 47(1) of the AML/CTF Act.  They specify the reporting period and the lodgment period for a compliance report under subsection 47(1) of the AML/CTF Act.

11.2         For paragraph 47(1)(a) of the AML/CTF Act, a reporting period is the period beginning on 13 December 2006 and ending on 31 December 2007.

11.3         For paragraph 47(1)(b) of the AML/CTF Act, the lodgment period for a reporting period is the period of 3 months beginning at the end of the reporting period.