Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2015

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Coat of Arms of New Zealand

Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2015

Public Act
 
2015 No 96
Date of assent
 
6 November 2015
Commencement
 
see section 2

Contents

1Title
2Commencement
3Principal Act
4Section 4 amended (Overview)
5Section 5 amended (Interpretation)
6Section 40 amended (Reporting entities to report suspicious transactions)
7Section 42 amended (Privileged communication defined)
8Section 43 amended (Auditors may report suspicious transactions)
9New subpart 2A of Part 2 inserted
Subpart 2A—Prescribed transaction reports
48AReporting entities to report certain prescribed transactions
48BPrescribed transaction reports
48CSections 43 to 48 apply to prescribed transactions
10Section 57 amended (Minimum requirements for AML/CFT programmes)
11Section 78 amended (Meaning of civil liability act)
12Section 90 amended (Pecuniary penalties for civil liability act)
13Cross-heading above section 92 replaced
14Section 92 amended (Failing to report suspicious transaction)
15Section 93 amended (Providing false or misleading information in connection with suspicious transaction report)
16Section 94 amended (Unlawful disclosure of suspicious transaction report)
17Section 95 amended (Failure to keep or retain adequate records relating to suspicious transaction)
18Section 96 amended (Obstruction of investigation relating to suspicious transaction report)
19Section 97 amended (Contravention of section 47(1))
20Section 99 amended (Time limit for prosecution of offences relating to civil liability act and suspicious transaction reports)
21Section 101 amended (Structuring transaction to avoid application of AML/CFT requirements)
22Section 142 amended (Financial intelligence functions of Commissioner)
23Section 143 amended (Powers relating to financial intelligence functions of Commissioner)
24Section 145 amended (Guidelines relating to reporting of suspicious transactions)
25Section 154 amended (Regulations relating to application of Act)
Legislative history
Administrative information

The Parliament of New Zealand enacts as follows: