Document ID: chunk:federal_register_of_legislation:C2007C00287:clause:1_164
Version: federal_register_of_legislation:C2007C00287
Segment Type: clause
Provision Reference: sch 1 cl 164
Character Range: 48547–49228

164  Consultants

(1) This item applies to an agreement or determination that:
 (a) was in force immediately before the commencement of this item; and
 (b) was made under subsection 40A(1) or (2) of the Financial Transaction Reports Act 1988.

(2) The agreement or determination has effect, after the commencement of this item, as if:
 (a) it had been made under subsection 225(1) or (2), as the case requires, of the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006; and
 (b) a reference in the agreement or determination to the Director of AUSTRAC were a reference to the AUSTRAC CEO.

(3) This item does not limit section 25B of the Acts Interpretation Act 1901.