Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Amendments) Act 2006 (170 of 2006)
Schedule 1 Amendments
Part 1 Amendments
Financial Transaction Reports Act 1988
71 After subsection 15(1A)
Insert:
(1B) Subsection (1) does not apply if the transfer occurred after the commencement of Division 1 of Part 4 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
Note: A defendant bears an evidential burden in relation to the matter in subsection (1B) (see subsection 13.3(3) of the Criminal Code).
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