Anti-Money Laundering and Counter-Terrorism Financing Rules 2025
4‑1 Correction of entries4‑1 Correction of entries
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4‑1 Correction of entries
(1) This section is made for the purposes of paragraphs 75(4)(a) and 76B(4)(a) of the Act. (2) If the AUSTRAC CEO reasonably believes that there is an error in, or omission from, an entry in the Remittance Sector Register or the Virtual Asset Service Provider Register, the AUSTRAC CEO may correct the error or omission. (3) As soon as reasonably practicable after making a correction of an entry under this section, the AUSTRAC CEO must give notice of the correction to: (a) the person whose registration the entry relates to; and (b) if the registration is of a person as a remittance affiliate of a registered remittance network provider—the provider.