S 40A repealed by No 170 of 2006, s 3 and Sch 1 item 142, effective 13 December 2006. Act No 170 of 2006, s 3 and Sch 1 item 164 contained the following transitional provision:
Consultants
(1)
This item applies to an agreement or determination that:
(a)
was in force immediately before the commencement of this item; and
(b)
was made under subsection 40A(1) or (2) of the
Financial Transaction Reports Act 1988
.
(2)
The agreement or determination has effect, after the commencement of this item, as if:
(a)
it had been made under subsection 225(1) or (2), as the case requires, of the
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
; and
(b)
a reference in the agreement or determination to the Director of AUSTRAC were a reference to the AUSTRAC CEO.
(3)
This item does not limit section
25B
of the
Acts Interpretation Act 1901.
S 40A formerly read:
SECTION 40A CONSULTANTS
40A(1)
The Director may engage, under written agreements, persons having suitable qualifications and experience to perform services as consultants to AUSTRAC.
History
S 40A(1) amended by No 188 of 1991.
40A(2)
The terms and conditions of engagement of persons mentioned in subsection (1) are such as the Director determines from time to time.
S 40A inserted by No 4 of 1990.
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