Document ID: chunk:federal_register_of_legislation:C2025C00044:section:229
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 229
Character Range: 472568–473320

229  AML/CTF Rules
 (1) The AUSTRAC CEO may, by writing, make rules (the AML/CTF Rules) prescribing matters required or permitted by any other provision of this Act to be prescribed by the AML/CTF Rules.
Note 1: AML/CTF Rules is short for Anti‑Money Laundering/Counter‑Terrorism Financing Rules.
Note 2: For amendment and repeal, see subsection 33(3) of the Acts Interpretation Act 1901.
 (2) AML/CTF Rules are legislative instruments.

Ministerial directions with respect to the making of AML/CTF Rules
 (3) The Minister may give the AUSTRAC CEO a written direction about the exercise of the powers conferred on the AUSTRAC CEO by subsection (1).
 (4) The AUSTRAC CEO must comply with a direction under subsection (3).

Part 17—Vicarious liability