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ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 49A

AML/CTF Rules may make provision in relation to reports by registered remittance affiliates

  (1)   The AML/CTF Rules may make provision for and in relation to reports required by this Part to be given by a reporting entity that is a registered remittance affiliate of a registered remittance network provider.

  (2)   Without limiting subsection   (1), the AML/CTF Rules may provide:

  (a)   that an obligation imposed by this Part upon a registered remittance affiliate of a registered remittance network provider to provide a report is taken instead, or in addition, to be an obligation imposed upon the registered remittance network provider; and

  (b)   that an obligation imposed by this Part on a registered remittance affiliate of a registered remittance network provider may be discharged by the registered remittance network provider; and

  (c)   that a report required to be provided as mentioned in paragraph   (a) must, or may, be given by the registered remittance network provider in the manner specified in the AML/CTF Rules.



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