Second Reading Speeches

Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2007

Type
Government
Portfolio
Justice and Customs
Originating house
House of Representatives
Status
Act
Parliament no
41

Track (What's this?)

Permalink

Summary

Makes technical amendments to the

Anti-Money Laundering and Counter-Terrorism Financing Act 2006
(AML/CTF Act) and six other Acts to: replace absolute liability with strict liability in certain provisions; provide for review of decisions made by the AUSTRAC CEO under the AML/CTF Act; replace the general exemption from review under the
Administrative Decisions (Judicial Review) Act 1977
for decisions under the AML/CTF Act with a limited exemption; provide ASIS with access to AUSTRAC information and enable ASIS to communicate such information to foreign intelligence agencies; amend secrecy and access provisions; remove certain restrictions on prosecution of structuring conduct; and provide access to the electoral roll in certain circumstances.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

Aboriginal and Torres Strait Islander people are advised that this website may contain images and voices of deceased people.