Anti-Money Laundering and Countering Financing of Terrorism (Ministerial Exemption Form) Regulations 2011

2011/224

Coat of Arms of New Zealand

Anti-Money Laundering and Countering Financing of Terrorism (Ministerial Exemption Form) Regulations 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 153 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 regulations.

Regulations

1  Title
  • These regulations are the Anti-Money Laundering and Countering Financing of Terrorism (Ministerial Exemption Form) Regulations 2011.

2  Commencement
  • These regulations come into force on the 28th day after the date of their notification in the Gazette.

3  Interpretation
4  Prescribed form for ministerial exemption
  • Every ministerial exemption under section 157 of the Act must be in the form set out in the Schedule.


Schedule
Form

r 4

Form
Ministerial exemption

  • 1 As the Minister of Justice, and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act), I exempt [name of reporting entity or description of the class of reporting entity or transaction/class of transactions] from the following provisions of the Act [list provisions of the Act to which this exemption applies]/all the provisions of this Act*.

    *Select one.
  • 2 For this paragraph select the statement that applies.

    This exemption is made subject to the following conditions: [state conditions that apply].

    or

    This exemption is not subject to any conditions.

  • 3 This exemption has been made for the following reasons: [rationale for exemption].

  • 4 This exemption comes into force on [date].

  • 5 This exemption will expire on [date].

Date:

[Signature]

[Name of Minister]

(Minister of Justice)


Rebecca Kitteridge,
Clerk of the Executive Council.


Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on the 28th day after the date of their notification in the Gazette, prescribe the form that is to be used for ministerial exemptions under section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.


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

Date of notification in Gazette: 30 June 2011.

These regulations are administered by the Ministry of Justice.