48AAmending or withdrawing reports

48A  Amending or withdrawing reports

 (1) The AML/CTF Rules may make provision in relation to the amendment or withdrawal of a report given under section 41, 43, 46 or 46A.

 (2) Without limiting subsection (1), the AML/CTF Rules may deal with the following:

 (a) timeframes within which requests to amend or withdraw a report may or must be made;

 (b) timeframes within which a report must be amended or withdrawn if a request is accepted;

 (c) the process for making and deciding requests to amend or withdraw a report;

 (d) the consequences for amending or withdrawing a report.

40  Section 49

Omit “or 45” (wherever occurring)”, substitute “, 46 or 46A”.

41  Section 51

Omit “45”, substitute “46, 46A”.

42  Subparagraph 51G(3)(c)(ii)

Repeal the subparagraph, substitute:

 (ii) section 46 (reports of international value transfer services);

 (iia) section 46A (reports of transfers of value involving unverified self‑hosted virtual asset wallets);

43  Subsection 184(1C)

Omit “45(2)”, substitute “46(2) or (5), 46A(2)”.

44  Subsection 184(4) (paragraph (d) of the definition of designated infringement notice provision)

 (d) subsection 46(2) or (5) (which deals with reporting about international value transfer services);

 (da) subsection 46A(2) (which deals with reporting about transfers of value involving unverified self‑hosted virtual asset wallets);

45  Paragraph 191(2)(b)

Omit “45(2)”, substitute “46(2) or (5), 46A(2)”.