Commonwealth Numbered Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 (NO. 169, 2006) - SECT 185

                   An infringement notice must:

                     (a)  set out the name of the person to whom the notice is given; and

                     (b)  set out the name of the person who gave the notice; and

                     (c)  set out brief details relating to the alleged contravention of subsection 53(3) or 59(4), including the date of the alleged contravention; and

                     (d)  contain a statement to the effect that neither criminal nor civil penalty proceedings will be brought in relation to the matter if the penalty specified in the notice is paid to the AUSTRAC CEO, on behalf of the Commonwealth, within:

                              (i)  28 days after the notice is given; or

                             (ii)  if the AUSTRAC CEO allows a longer period--that longer period; and

                     (e)  give an explanation of how payment of the penalty is to be made; and

                      (f)  set out such other matters (if any) as are specified in the regulations.