

- Title
Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2011
- Database
Explanatory Memoranda
- Date
05-07-2011 07:36 PM
- Source
House of Reps
- System Id
legislation/ems/r4571_ems_841e799f-7d3a-4538-9eec-a048bc0cbf52
Bill home page
2010 - 2011
THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA
HOUSE OF REPRESENTATIVES
AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE SUPERVISORY COST RECOVERY LEVY BILL 2011
AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE SUPERVISORY COST RECOVERY LEVY (COLLECTION) BILL 2011
AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE SUPERVISORY COST RECOVERY LEVY (CONSEQUENTIAL AMENDMENTS) BILL 2011
CORRECTION TO THE
EXPLANATORY MEMORANDUM
NOTES ON CLAUSES
AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE SUPERVISORY COST RECOVERY LEVY (CONSEQUENTIAL AMENDMENTS) BILL 2011
SCHEDULE 1 - AMENDMENT OF THE Anti-Money Laundering and Counter-Terrorism Financing Act 2006, Item 2 - clause 51B
Second line , omit ‘within 28 days before or after the commencement of the section, or after commencing to provide a designated service.’ substitute ‘If the entity provides a designated service within 28 days before the commencement of the clause 51B, the entity has 28 days after the commencement of clause 51B to enrol. If an entity commences to provide designated services after the commencement of clause 51B, they have 28 days from the date on which they commenced to provide the designated services to enrol.’
(Circulated by authority of the Minister for Justice,
the Hon Brendan O’Connor MP)