Amending or withdrawing reports
48A Amending or withdrawing reports
The AML/CTF Rules may make provision in relation to the amendment or withdrawal of a report given under section 41, 43, 46 or 46A.
Without limiting subsection (1), the AML/CTF Rules may deal with the following:
timeframes within which requests to amend or withdraw a report may or must be made;
timeframes within which a report must be amended or withdrawn if a request is accepted;
the process for making and deciding requests to amend or withdraw a report;
the consequences for amending or withdrawing a report.
40 Section 49
Omit “or 45” (wherever occurring)”, substitute “, 46 or 46A”.
41 Section 51
Omit “45”, substitute “46, 46A”.
42 Subparagraph 51G(3)(c)(ii)
Repeal the subparagraph, substitute:
section 46 (reports of international value transfer services);
section 46A (reports of transfers of value involving unverified self‑hosted virtual asset wallets);
43 Subsection 184(1C)
Omit “45(2)”, substitute “46(2) or (5), 46A(2)”.
44 Subsection 184(4) (paragraph (d) of the definition of designated infringement notice provision)
Repeal the paragraph, substitute:
subsection 46(2) or (5) (which deals with reporting about international value transfer services);
subsection 46A(2) (which deals with reporting about transfers of value involving unverified self‑hosted virtual asset wallets);
45 Paragraph 191(2)(b)
Omit “45(2)”, substitute “46(2) or (5), 46A(2)”.
Schedule 9—Powers and definitions
Part 1—Examination power
Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006
1 Section 5
Insert:
examinee, in relation to an examination under Division 3 of Part 14, means the person who appears for examination.
examiner, in relation to an examination under Division 3 of Part 14, means the AUSTRAC CEO and includes:
a delegate of the AUSTRAC CEO; and
a consultant engaged under subsection 225(1) to perform services as an examiner.
statement, in relation to an examination under Division 3 of Part 14, includes a question asked, an answer given, and any other comment or remark made, at the examination.
written record, in relation to an examination under Division 3 of Part 14, means:
a record of the examination:
that is made in writing; or
as reduced to writing; or
a part of such a record.
2 Before section 166
Insert:
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