Combating the Financing of People Smuggling and Other Measures Act 2011 (60 of 2011)
Schedule 4
1 After section 41
Insert:
41A Exemptions by the AUSTRAC CEO
(1) The AUSTRAC CEO may, by written instrument, exempt a specified person from one or more specified provisions of this Act.
Note: For specification by class, see the Acts Interpretation Act 1901.
(2) An exemption may apply:
(a) unconditionally; or
(b) subject to specified conditions.
(3) A person to whom a condition specified in an exemption applies must comply with the condition.
(4) A copy of an exemption must be made available on AUSTRAC’s website.
(5) An instrument under subsection (1) is not a legislative instrument.
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