Crimes and Other Legislation Amendment (Omnibus) Act 2023 (63 of 2023)

Schedule 1   Anti-Money Laundering and Counter-Terrorism Financing Act 2006

Part 1   Failure to enrol

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

1   Subsection 51B(1)

Repeal the subsection, substitute:

(1) If:

(a) a person commences to provide a designated service; and

(b) the person's name is not entered on the Reporting Entities Roll;

the person must, no later than 28 days after the day on which the person commences to provide the designated service, apply under subsection 51E(1) for enrolment as a reporting entity.