12‑1 Transitional—reports of suspicious 12‑1 Transitional—reports of suspicious matters to be in old form for first 3 months after commencement

12‑1 Transitional—reports of suspicious matters to be in old form for first 3 months after commencement

(1) Subsections (2) and (3) apply if: (a) a suspicious matter reporting obligation arises for a reporting entity in relation to a person; and (b) the reporting entity is required under subsection 41(2) of the Act to give a report about the matter to the AUSTRAC CEO at any time in the period: (i) beginning at the commencement of this instrument; and (ii) ending on 30 June 2026. (2) The report must: (a) be in the form that was the approved form for the purposes of paragraph 41(3)(a) of the Act immediately before the commencement of this instrument; and (b) comply with Chapter 18 of the Anti‑Money Laundering and Counter‑Terrorism Financing Rules Instrument 2007 (No. 1), as in force immediately before the commencement of this instrument. (3) A report that complies with subsection (2) is taken to include the information that must, under Division 1 of Part 9 of this instrument, be contained in a report under subsection 41(2) of the Act in relation to the suspicious matter reporting obligation.