Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011

2011/221

Coat of Arms of New Zealand

Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011

Anand Satyanand, Governor-General

Order in Council

At Wellington this 27th day of June 2011

Present:
His Excellency the Governor-General in Council

Pursuant to section 2(3) and (4) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.

Order

1  Title
  • This order is the Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011.

2  Commencement of certain provisions of Anti-Money Laundering and Countering Financing of Terrorism Act 2009
  • (1) Subpart 5 of Part 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act) comes into force on 30 June 2011.

    (2) The rest of the Act (except section 162) that is not in force immediately after the commencement of subpart 5 of Part 2 of the Act comes into force on 30 June 2013.

    (3) Section 162 of the Act comes into force immediately after the rest of the Act is commenced by subclause (2).

Rebecca Kitteridge,
Clerk of the Executive Council.


Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order brings into force the remaining provisions of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act) that are not yet in force. Clause 2(1) brings subpart 5 of Part 2 of the Act (which relates to codes of practice) into force on 30 June 2011. The rest of the Act comes into force on 30 June 2013.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 30 June 2011.

This order is administered by the Ministry of Justice.