Federal Register of Legislation - Australian Government

Primary content

Regulations as made
These regulations repeal the Anti-Money Laundering and Counter-Terrorism Financing (Prescribed Foreign Countries) Regulation 2016, which is due to sunset on 1 April 2018, and continue to declare Iran and the Democratic People’s Republic of Korea (DPRK) to be prescribed foreign countries for the purposes of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
Administered by: Home Affairs
Registered 16 Mar 2018
Tabling HistoryDate
Tabled Senate20-Mar-2018
Tabled HR26-Mar-2018
Table of contents.

Commonwealth Coat of Arms of Australia

 

Anti‑Money Laundering and Counter‑Terrorism Financing (Prescribed Foreign Countries) Regulations 2018

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 15 March 2018

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Angus Taylor

Minister for Law Enforcement and Cybersecurity

 

  

  

  


Contents

1............ Name............................................................................................................................. 1

2............ Commencement............................................................................................................. 1

3............ Authority....................................................................................................................... 1

4............ Schedules...................................................................................................................... 1

5............ Prescribed foreign countries.......................................................................................... 1

Schedule 1—Repeals                                                                                                                                       2

Anti‑Money Laundering and Counter‑Terrorism Financing (Prescribed Foreign Countries) Regulation 2016         2

 


1  Name

                   This instrument is the Anti-Money Laundering and Counter-Terrorism Financing (Prescribed Foreign Countries) Regulations 2018.

2  Commencement

             (1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

17 March 2018

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

             (2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

                   This instrument is made under the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006.

4  Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

5  Prescribed foreign countries

                   For the purposes of the definition of prescribed foreign country in section 5 of the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006, each of the following countries is declared to be a prescribed foreign country for the purposes of that Act:

                     (a)  Democratic People’s Republic of Korea;

                     (b)  Iran.