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COMMONWEALTHAct
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s 78

After subsection 15A(3)

In force

78 After subsection 15A(3)

Insert:

(3A)

Subsection (1) does not impose any obligations on a solicitor, a solicitor corporation, or a partnership of solicitors, in relation to a transaction if:

(a)

the solicitor, corporation or partnership is a reporting entity; and

(b)

the transaction occurred after the commencement of Division 1 of Part 3 of the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006; and

(c)

the transaction is a designated service transaction.

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Section 78 — After subsection 15A(3) — Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Amendments) Act 2006 (Commonwealth) — Barrister AI