Crimes Legislation Amendment (Law Enforcement Integrity, Vulnerable Witness Protection and Other Measures) Act 2013 (74 of 2013)

Schedule 4   Anti-Money Laundering and Counter-Terrorism Financing amendments

Part 1   Main amendments

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

33   Application and transitional provisions

Pending reviews

(1) Despite the repeals and amendments of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 made by this Part, the old law continues to apply, in relation to each of the following:

(a) a reviewable decision made, or proposed to be made, before the commencement day;

(b) a decision of the AUSTRACCEO under section 161 or 191 of that Act made before the commencement day;

as if those repeals and amendments had not happened.

Note: A consequence of paragraph (a) is that the old law also applies in relation to AAT reviewable decisions made after the commencement day in relation to reviewable decisions made, or proposed to be made, before the commencement day.

Secondary disclosures

(2) Subsections 123(7AA) and (7B), and paragraph 130(3)(a), of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (as inserted by this Part) apply in relation to information obtained before, on or after the commencement day.

Existing appointments of authorised officers

(3) If an appointment under subsection 145(1) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 was in force immediately before the commencement day, the appointment has effect, on and after the commencement day, as if it had been made under that subsection as amended by this Part.

Definitions

(4) In this item:

commencement day means the day this item commences.

old law means section 5, Part 6, Division 7 of Part 13 and Division 5 of Part 15 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, as in force immediately before the commencement day.

reviewable decision means a reviewable decision within the meaning of the old law.