Commonwealth Numbered Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 (NO. 169, 2006) - SECT 28

Scope

             (1)  This section applies to the provision by a reporting entity of a designated service (the post‑commencement designated service ) to a customer if, at a time before the commencement of this section, the reporting entity commenced to provide a designated service to the customer.

Exemption

             (2)  Sections 32 and 34 do not apply to the provision by the reporting entity of the post‑commencement designated service to the customer.

Note:          For special rules about verification of identity etc., see section 29.

Interpretation

             (3)  For the purposes of this section, assume that Part 1 had been in force at all material times before the commencement of this section.