S 39 repealed by No 170 of 2006, s 3 and Sch 1 item 142, effective 13 December 2006.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 163 contained the following transitional provision:
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.
S 39 formerly read:
SECTION 39 DELEGATION
39
The Director may, by signed writing, delegate to a member of the staff of AUSTRAC all or any of the Director's powers under this Act or the regulations.
S 39 substituted by No 33 of 1997.
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