Document ID: chunk:federal_register_of_legislation:C2024A00110:clause:1_26l
Version: federal_register_of_legislation:C2024A00110
Segment Type: clause
Provision Reference: sch 1 cl 26L
Character Range: 40874–41486

26L  AML/CTF compliance officer's functions
  The functions of the AML/CTF compliance officer for a reporting entity are:
 (a) to oversee and coordinate the reporting entity's day‑to‑day compliance with this Act, the regulations and the AML/CTF Rules; and
 (b) to oversee and coordinate the effective operation of and compliance with the reporting entity's AML/CTF policies; and
 (c) to communicate, on behalf of the reporting entity, with AUSTRAC; and
 (d) to do anything incidental to or conducive to the performance of any of the above functions; and
 (e) any other functions specified in the AML/CTF Rules.