{"id":"tas:sr-2014-018","name":"Proclamation under the Financial Transaction Reports Amendment Act 2013","slug":"proclamation-under-the-financial-transaction-reports-amendment-act-2013","collection":"regulation","jurisdiction":"tas","status":"in_force","isInForce":true,"actNumber":"18 of 2014","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":187453,"registerId":"tas-tas:sr-2014-018-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Proclamation under the Financial Transaction Reports Amendment Act 2013","content":"> Proclamation under the Financial Transaction Reports Amendment Act 2013\n\nI, the Governor in and over the State of Tasmania and its Dependencies in the Commonwealth of Australia, acting with the advice of the Executive Council, by this my proclamation made under [section 2 of the](/view/html/inforce/2026-04-12/act-2013-061#GS2@EN) [Financial Transaction Reports Amendment Act 2013](/view/html/inforce/2026-04-12/act-2013-061) fix 1 March 2014 as the day on which that Act commences.\n\n3 February 2014\n\nPETER G. UNDERWOOD\n\nGovernor\n\nBy His Excellency's Command,\n\nBRIAN WIGHTMAN\n\nMinister for Justice\n\nDisplayed and numbered in accordance with the *[Rules Publication Act 1953](/view/html/inforce/current/act-1953-050)*.\n\nNotified in the *Gazette* on 12 February 2014\n\nThis proclamation is administered in the Department of Justice.","sortOrder":0}],"analysis":{"issue_detection":{"absurdities":[],"contradictions":[]},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The proclamation does not alter the substantive scope or content of the Financial Transaction Reports Amendment Act 2013; it solely fixes the Act's commencement date under section 2, thereby activating the Act's provisions from 1 March 2014."},"complexity_factors":["Procedural instrument limited to fixing a commencement date (no substantive amendments in the text).","Single clear legal effect (bringing an Act into force) rather than introducing new regulatory architecture.","Authority and formality: executed by the Governor with Executive Council under s.2, reducing discretionary complexity.","References to publication and administration (Gazette; Department of Justice) add minor administrative steps.","Outcome depends on the underlying Amendment Act's substantive provisions, which are not recited here (cross‑reference complexity)."],"plain_english_summary":"This proclamation fixes 1 March 2014 as the day the Financial Transaction Reports Amendment Act 2013 starts to operate in Tasmania, doing so under section 2 of that Act. Mechanically, it brings into force whatever duties, rights or reporting rules the Amendment Act contains for the persons and entities the Act covers.\n\nThe commencement decision was made by the Governor acting with the Executive Council; the proclamation was published in the Gazette and is administered by the Department of Justice. Who bears any compliance costs depends on the Amendment Act's substantive provisions (s.2)."},"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is a commencement instrument with a single, narrow purpose: to activate the parent Act on a specific date. It has not expanded beyond this original intent."},"complexity_factors":["Single operative provision fixing a commencement date","No defined terms","No cross-references to other legislation (except citation of the parent Act)","No conditional logic or exceptions","Standard proclamation format — essentially a template document"],"plain_english_summary":"This is a **commencement proclamation** — a formal government notice that brings a law into effect.\n\n**What it does:**\n- Sets **1 March 2014** as the date when the *Financial Transaction Reports Amendment Act 2013* starts operating.\n- Without this proclamation, the Act would remain dormant — passed by Parliament but not yet legally active.\n\n**Who it affects:**\n- **Banks, casinos, and other financial businesses** in Australia that must report suspicious transactions to AUSTRAC (Australia's financial intelligence agency).\n- These businesses had to prepare for new compliance obligations starting 1 March 2014.\n\n**Why it matters:**\n- The underlying Act strengthened Australia's anti-money laundering and counter-terrorism financing laws.\n- This proclamation was the final step to activate those stronger rules, giving businesses a fixed date to work toward.\n\n**Key point:** A proclamation like this is the legal 'on switch' — it doesn't create new rules itself, but tells everyone exactly when the rules passed earlier actually take effect."},"summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"A proclamation is by nature limited in scope — its sole purpose is to set a commencement date. There is no indication that the scope of the underlying Amendment Act was altered by this instrument."},"complexity_factors":["The document itself contains almost no substantive legal content — it is purely a commencement instrument","The underlying Financial Transaction Reports legislation has moderate complexity, but that content is not reproduced here","No operative provisions, conditions, or exceptions are stated in this proclamation","The document appears to have significant formatting/duplication issues, suggesting a rendering artifact rather than substantive legal complexity"],"plain_english_summary":"This proclamation brings the Financial Transaction Reports Amendment Act 2013 into force in Tasmania from 12 February 2014, activating updated reporting obligations for cash-handling businesses. It affects banks, currency exchangers, gambling operators, individuals making large or unusual transactions, and regulators — enabling stronger detection and reporting of suspected money‑laundering and related financial crime."}},"importantCases":[],"_links":{"self":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013","history":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013/history","analysis":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013/analysis","conflicts":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013/conflicts","importantCases":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013/important-cases","documents":"/api/acts/proclamation-under-the-financial-transaction-reports-amendment-act-2013/documents"}}