Document ID: chunk:federal_register_of_legislation:C2011A00060:clause:1_75g
Version: federal_register_of_legislation:C2011A00060
Segment Type: clause
Provision Reference: sch 1 cl 75G
Character Range: 24059–24910

75G  Cancellation of registration
 (1) The AUSTRAC CEO may cancel the registration of a person if the AUSTRAC CEO is satisfied that it is appropriate to do so, having regard to:
 (a) whether the continued registration of the person involves, or may involve, a significant money laundering, financing of terrorism or people smuggling risk; or
 (b) one or more breaches by the person of a condition of registration; or
 (c) such other matters (if any) as are specified in the AML/CTF Rules under this paragraph.
 (2) The cancellation of the registration of a person takes effect on the day specified in the notice given to the person under subsection 75R(1).
 (3) The AUSTRAC CEO may publish, in the manner specified in the AML/CTF Rules, a list of the names of persons whose registration has been cancelled and the date the cancellation takes effect.