S 40A repealed by No 170 of 2006, s 3 and Sch 1 item 142, effective 13 December 2006. Act No 170 of 2006, s 3 and Sch 1 item 164 contained the following transitional provision:
This item applies to an agreement or determination that:
was in force immediately before the commencement of this item; and
was made under subsection 40A(1) or (2) of the
Financial Transaction Reports Act 1988
The agreement or determination has effect, after the commencement of this item, as if:
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
a reference in the agreement or determination to the Director of AUSTRAC were a reference to the AUSTRAC CEO.
This item does not limit section
Acts Interpretation Act 1901.
S 40A formerly read:
SECTION 40A CONSULTANTS
The Director may engage, under written agreements, persons having suitable qualifications and experience to perform services as consultants to AUSTRAC.