Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2012

Coat of Arms of New Zealand

Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2012

Public Act2012 No 98
Date of assent11 December 2012
Commencementsee section 2

The Parliament of New Zealand enacts as follows:

1 Title
  • This Act is the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2012.

2 Commencement
  • This Act comes into force on the day after the date on which it receives the Royal assent.

4 Interpretation
  • Subparagraph (d)(v) of the definition of designated business group in section 5 is amended by omitting to be a member of a designated entity.

5 Prohibition on false customer names and customer anonymity
  • Section 38(2)(a) is amended by omitting or the and substituting and any.

6 Failing to report suspicious transaction
7 Time limit for prosecution of offences relating to non-compliance with AML/CFT requirements
  • Section 104 is amended by omitting 91 to 97 and substituting 101 to 103.

8 Regulations relating to application of Act
  • Section 154(1)(k) is amended by omitting a member of a specified and substituting eligible for inclusion in a.


Legislative history

5 December 2012Divided from Statutes Amendment Bill (No 3) (Bill 349–2) by committee of the whole House, third reading
11 December 2012Royal assent

This Act is administered by the Ministry of Justice.