Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Consequential Amendments) Act 2011

The Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Consequential Amendments) Act 2011 is an Act that deals with consequential matters relating to the enactment of the Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy Act 2011. The Act was amended as indicated in the tables below.

The commencement of this Act occurred on June 28, 2011. Schedule 1 contains amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, including the addition of a new Part 3A that requires providers of designated services to be entered on the Reporting Entities Roll. Schedule 2 introduces infringement notice provisions, with amendments to sections 184 and 186 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

The transitional provision ensures that Division 3 of Part 15 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 applies with modifications for a specified period. The Notes section provides details on the application, saving, or transitional provisions of this Act.

The tables indicate amendments to sections 4, 184, 186, 53(3), 59(4), and 51B(1) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.