Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (110 of 2024)
Schedule 1 AML/CTF programs and business groups
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
3 Section 5
Insert:
AML/CTF compliance officer for a reporting entity means the individual designated as the AML/CTF compliance officer for the reporting entity under subsection 26J(1).
AML/CTF policies of a reporting entity:
(a) means the policies, procedures, systems and controls of the reporting entity developed under section 26F; and
(b) if the policies, procedures, systems and controls of the reporting entity are updated - includes the policies, procedures, systems and controls as updated.
AML/CTF program : see section 26B.