Document ID: chunk:federal_register_of_legislation:C2004C01279:clause:7_16
Version: federal_register_of_legislation:C2004C01279
Segment Type: clause
Provision Reference: sch 7 cl 16
Character Range: 133647–134143

16  Obligations of financial institutions
Despite the repeal of Division 4 of Part IV of the Proceeds of Crime Act 1987 by Schedule 3 to this Act:
 (a) that Division continues to apply in relation to any document in relation to which it applied immediately before the commencement of sections 3 to 338 of the Proceeds of Crime Act 2002; and
 (b) Part VIA of the Financial Transaction Reports Act 1988 does not apply to any such document.

Part 2—Application of the Proceeds of Crime Act 2002