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

Contents

1  Name

2  Commencement

3  Authority

4  Schedules

Schedule 1—Amendments

1  Name

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

2  Commencement

 (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.

Note: This table relates only to the provisions of this instrument as originally made.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.

3  Authority

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

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 1—Amendments

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

1 Paragraph 21.3(5)

Repeal the paragraph.

2 Paragraph 21.4(4A)

Repeal the paragraph.

3 Part 51.2

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

4 Paragraph 78.2(1)

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