Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment (Chapters 21, 51 and 78) Instrument 2023 (Cth)

Anti-Money Laundering and Counter‑Terrorism Financing Rules Amendment (Chapters 21, 51 and 78) Instrument 2023

I, Peter Soros, Acting Chief Executive Officer, Australian Transaction Reports and Analysis Centre, make the following legislative instrument.

Dated 29 June 2023

[signed]

Peter Soros

Acting Chief Executive Officer

Australian Transaction Reports and Analysis Centre

Contents

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1Name

This instrument is the Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment (Chapters 21, 51 and 78) Instrument 2023.

2Commencement

1. (1)

   Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. Sections 1 to 4 and anything in this instrument not elsewhere covered by this table	The day after registration.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2)

Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3Authority

This instrument is made under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 1)

1Paragraph 21.3(5)

Repeal the paragraph.

2Paragraph 21.4(4A)

Repeal the paragraph.

3Part 51.2

Where occurring, omit “Western Union Business Solutions (Australia) Pty Ltd”, substitute “Convera Australia Pty Ltd”.

4Paragraph 78.2(1)

Omit “Wise Limited”, substitute “Wise Payments Limited”.