CTHIn ForceAct
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
26MReporting entities must notify AUSTRAC of entity’s AML/CTF compliance officer
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#### 26M Reporting entities must notify AUSTRAC of entity’s AML/CTF compliance officer
(1) A reporting entity must notify AUSTRAC of the individual who is designated as the reporting entity’s AML/CTF compliance officer within 14 days after the individual is designated as the AML/CTF compliance officer for the reporting entity.
(2) A notice under subsection (1):
(a) must be in the approved form; and
(b) must contain such information, and be accompanied by such documents, as is required by the approved form.
(3) Subsection (1) is a civil penalty provision.