Financial Transaction Reports Act 1988

PART VII - MISCELLANEOUS  

SECTION 41A   EXEMPTIONS BY THE AUSTRAC CEO  

41A(1)    
The AUSTRAC CEO may, by written instrument, exempt a specified person from one or more specified provisions of this Act.

Note:

For specification by class, see the Acts Interpretation Act 1901 .


41A(2)    
An exemption may apply:


(a) unconditionally; or


(b) subject to specified conditions.

41A(3)    
A person to whom a condition specified in an exemption applies must comply with the condition.

41A(4)    
A copy of an exemption must be made available on AUSTRAC ' s website.

41A(5)    
An instrument under subsection (1) is not a legislative instrument.




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