Summary
Amends the Financial Transactions Reports Act 1988 to facilitate the transition to regulation under the Anti-Money Laundering and Counter- Terrorism Financing Act 2006 to: authorise certain cash dealers to continue reporting suspicious transactions, international funds transfer instructions and significant cash transactions to the Australian Transaction Reports and Analysis Centre (AUSTRAC); authorise solicitors, solicitor corporations and partnerships of solicitors to continue to provide AUSTRAC with cash transaction reports; and authorise certain cash dealers to enter transactions into their exemption register until 11 March 2010.