229AML/CTF Rules

#### 229 AML/CTF Rules (1) The AUSTRAC CEO may, by writing, make rules (the AML/CTF Rules) prescribing matters required or permitted by any other provision of this Act to be prescribed by the AML/CTF Rules. > Note 1: AML/CTF Rules is short for Anti‑Money Laundering/Counter‑Terrorism Financing Rules. > Note 2: For amendment and repeal, see subsection 33(3) of the Acts Interpretation Act 1901. (2) AML/CTF Rules are legislative instruments. Ministerial directions with respect to the making of AML/CTF Rules (3) The Minister may give the AUSTRAC CEO a written direction about the exercise of the powers conferred on the AUSTRAC CEO by subsection (1). (4) The AUSTRAC CEO must comply with a direction under subsection (3).