{"id":"F2018L00267","name":"Proceeds of Crime Repeal Regulations 2018","slug":"proceeds-of-crime-repeal-regulations-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":439524,"registerId":"F2018L00267-fast-fetch-1775955518717","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Proceeds of Crime Repeal Regulations 2018","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\n \n\nProceeds of Crime Repeal Regulations 2018\n\nI, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.\n\nDated 15 March 2018\n\nPeter Cosgrove\n\nGovernor‑General\n\nBy His Excellency’s Command\n\nPeter Dutton\n\nMinister for Home Affairs\n\nMinister for Immigration and Border Protection\n\n \n\n \n\n \n\n \n\nContents\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Schedules\n\nSchedule 1—Repeals\n\nProceeds of Crime Regulations 1987\n\n \n\n1  Name\n\n  This instrument is the Proceeds of Crime Repeal Regulations 2018.\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument The day after this instrument is registered. 17 March 2018\n\n\nNote: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.\n\n3  Authority\n\n  This instrument is made under the Proceeds of Crime Act 1987.\n\n4  Schedules\n\n  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.\n\nSchedule 1—Repeals\n\n \n\nProceeds of Crime Regulations 1987\n\n1  The whole of the instrument\n\nRepeal the instrument.\n\n2  Transitional—Proceeds of Crime Regulations 1987\n\n(1) Despite the repeal of the Proceeds of Crime Regulations 1987 by this Schedule, the following provisions of those regulations, as in force immediately before the repeal, continue to apply as if the repeal had not happened:\n\n (a) regulations 3A, 7A, 8, 9, 14 and 15;\n\n (b) any other provisions of those regulations necessary for the effective operation of a provision mentioned in paragraph (a) of this subitem.\n\n(2) Paragraphs 3A(c) and 7A(f) of the Proceeds of Crime Regulations 1987, as continued in force by subitem (1) of this item, apply as if the words “of these regulations (as in in force immediately before their repeal by the Proceeds of Crime Repeal Regulations 2018)” were added at the end of both paragraphs.\n\n(3) Paragraph 7A(a) of the Proceeds of Crime Regulations 1987, as continued in force by subitem (1) of this item, applies as if the reference in that paragraph to “if the DPP gives the Official Trustee a copy of a notice referred to in regulation 13” were instead a reference to “if the DPP has given the Official Trustee a copy of a notice referred to in regulation 13 of these regulations (as in force immediately before their repeal by the Proceeds of Crime Repeal Regulations 2018)”.\n\n(4) Regulation 14 of the Proceeds of Crime Regulations 1987, as continued in force by subitem (1) of this item, applies in relation to the prescribed annual management fee for 2018 and each later year as if:\n\n (a) the reference in subregulation (1A) of that regulation to “payable on 27 December 2001, and for each subsequent year,” were instead a reference to “payable for 2018 and each later year”; and\n\n (b) the reference in subregulation (2) of that regulation to “is payable on 27 December in each year, beginning on 27 December 1992” were instead a reference to “for a year is payable within 28 days after 27 December in that year”.\n","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"The instrument narrows the continuing operation of the 1987 Regulations by repealing the whole instrument while expressly preserving specified provisions for transitional and operational continuity (Schedule 1, subitem (1)). It also alters textual references and the timing/payment mechanics for the prescribed annual management fee for 2018 and later years (Schedule 1, subitems (2)–(4)), changing how certain administrative duties and payments are handled without keeping the full original regulatory regime."},"complexity_factors":["Straightforward repeal with limited transitional savings rather than broad substantive reform","Multiple cross-references to specific prior regulations (regs 3A, 7A, 8, 9, 14, 15) requiring careful reading","Textual modifications to particular paragraphs (Schedule 1, subitems (2)–(4)) that change references and fee timing","Administrative effects on named actors (DPP, Official Trustee) and fee payers","Low volume of provisions but some technical drafting (commencement table, savings, altered payment deadlines)"],"plain_english_summary":"This instrument repeals the Proceeds of Crime Regulations 1987 and replaces the regulatory basis under the Proceeds of Crime Act 1987, while preserving specified provisions of the old regulations for transitional effect (regs 3A, 7A, 8, 9, 14 and 15) and amending certain text and fee-timing rules (Schedule 1, items 1–4).\nIt affects parties governed by the Proceeds of Crime regime—including the Director of Public Prosecutions and the Official Trustee—and matters such as prescribed annual management fees, procedural notices and short-term administrative arrangements."},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"The legislation performs exactly the function indicated by its title: repealing the 1987 Regulations. The transitional preservation of six specific regulations is a standard legislative technique to ensure continuity, not an expansion of scope. The instrument remains tightly focused on its single purpose of repeal with necessary savings provisions."},"complexity_factors":["Very short instrument (approximately 1.5 pages of substantive content)","Only 4 main sections plus a single Schedule with 2 items","Simple structure: standard name/commencement/authority/schedules format","Limited conditional logic — only transitional provisions in item 2 of Schedule 1","Cross-references limited to the repealed instrument itself and the enabling Act","No defined terms section — relies on definitions in the parent Act","Transitional provisions require careful reading but are mechanically straightforward (modifying specific paragraphs with 'as if' substitutions)"],"plain_english_summary":"This instrument repeals the Proceeds of Crime Regulations 1987 but preserves six specific regulations temporarily so ongoing asset restraints, confiscations and fee arrangements keep operating. \n\nIt affects the Official Trustee, the DPP, people with restrained or confiscated property, and those paying management fees, ensuring continuity for existing cases and fee years (with annual management fees timing adjusted to within 28 days after 27 December)."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/proceeds-of-crime-repeal-regulations-2018","history":"/api/acts/proceeds-of-crime-repeal-regulations-2018/history","analysis":"/api/acts/proceeds-of-crime-repeal-regulations-2018/analysis","conflicts":"/api/acts/proceeds-of-crime-repeal-regulations-2018/conflicts","importantCases":"/api/acts/proceeds-of-crime-repeal-regulations-2018/important-cases","documents":"/api/acts/proceeds-of-crime-repeal-regulations-2018/documents"}}