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Section 214 - Anti-Money Laundering and Counter-Terrorism Financing Act 2006 - Appointment of the AUSTRAC CEO etc. | Zoe

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Anti-Money Laundering and Counter-Terrorism Financing Act 2006

214Appointment of the AUSTRAC CEO etc.

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214 Appointment of the AUSTRAC CEO etc.

(1) The AUSTRAC CEO is to be appointed by the Minister by written instrument. (2) The AUSTRAC CEO is to be appointed on a full‑time basis. (3) The AUSTRAC CEO holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.

Note: The AUSTRAC CEO may be reappointed: see section 33AA of the Acts Interpretation Act 1901.

Previous section213Policy principles

Next section215Remuneration and allowances of the AUSTRAC CEO