CTHIn ForceAct
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
208Simplified outline
Start here
Get a plain-English read of 208
Turn the raw legal text into a practical explanation grounded in Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
#### 208 Simplified outline
The following is a simplified outline of this Part:
• AUSTRAC is continued in existence.
• There is to be a Chief Executive Officer of AUSTRAC.
• The AUSTRAC CEO’s functions include the compilation and analysis of AUSTRAC information.
• The AUSTRAC CEO may arrange for the use of computer programs for any purposes for which the AUSTRAC CEO may take certain administrative action under this Act, the AML/CTF Rules or other instruments made under this Act.
• The AUSTRAC CEO may make AML/CTF Rules.