Federal Register of Legislation - Australian Government

Primary content

Regulations as made
This instrument amends the Proceeds of Crime Regulations 2019 to ensure that the new Australian Capital Territory unexplained wealth regime is appropriately supported by Commonwealth law, and gives effect to a Commonwealth commitment under the National Cooperative Scheme on Unexplained Wealth.
Administered by: Home Affairs
Registered 16 Dec 2020
Tabling HistoryDate
Tabled HR02-Feb-2021
Tabled Senate02-Feb-2021
Date of repeal 12 May 2021
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003
Table of contents.

Commonwealth Coat of Arms of Australia

 

Proceeds of Crime Amendment (Unexplained Wealth) Regulations 2020

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 10 December 2020

David Hurley

Governor‑General

By His Excellency’s Command

Peter Dutton

Minister for Home Affairs

 

  

  


Contents

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

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

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

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

Schedule 1—Amendments                                                                                                                          2

Proceeds of Crime Regulations 2019                                                                                                2

 


1  Name

                   This instrument is the Proceeds of Crime Amendment (Unexplained Wealth) Regulations 2020.

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 December 2020

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 Proceeds of Crime Act 2002.

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.

Schedule 1Amendments

  

Proceeds of Crime Regulations 2019

1  After subsection 20(1)

Insert:

Australian Capital Territory

          (1A)  For the purposes of the definition of unexplained wealth legislation in section 338 of the Act, the unexplained wealth legislation of the Australian Capital Territory is Part 7A of the Confiscation of Criminal Assets Act 2003 (ACT), and the other provisions of that Act that relate to that Part.

Note:          Section 11C of the Australian Capital Territory Act (which defines serious criminal activity) is an example of a provision that relates to Part 7A of that Act because Part 7A refers to that term.

2  Schedule 2 (at the end of table 7)

Add:

 

3

an unexplained wealth order

subsection 98D(1) of the Confiscation of Criminal Assets Act 2003

3  Schedule 3 (at the end of table 7)

Add:

 

3

an unexplained wealth restraining order

subsection 32A(2) of the Confiscation of Criminal Assets Act 2003