Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Amendments) Act 2006 (170 of 2006)

Schedule 1   Amendments

Part 2   Transitional provisions

163   Delegations

(1) This item applies to an instrument of delegation that:

(a) was in force immediately before the commencement of this item; and

(b) was made under section 39 of the Financial Transaction Reports Act 1988.

(2) The instrument has effect, after the commencement of this item, as if:

(a) it had been made under subsection 222(1) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006; and

(b) a reference in the instrument 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.