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ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 214

Appointment of the AUSTRAC CEO etc.

  (1)   The AUSTRAC CEO is to be appointed by the Minister by written instrument.

  (2)   The AUSTRAC CEO is to be appointed on a full - time basis.

  (3)   The AUSTRAC CEO holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.

Note:   The AUSTRAC CEO may be reappointed: see section   33AA of the Acts Interpretation Act 1901 .


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