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Anti-Money Laundering and Counter-Terrorism Financing Rules 2025
4‑19 Period of suspension4‑19 Period of suspension
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4‑19 Period of suspension
(1) A suspension of a registration under Part 6 or 6A of the Act by the AUSTRAC CEO has effect for a period determined by the AUSTRAC CEO, which may be up to 3 months. (2) The AUSTRAC CEO may extend the period of the suspension by a further period of up to 3 months if the AUSTRAC CEO is satisfied it is appropriate to do so, having regard to whether the AUSTRAC CEO continues to reasonably suspect a matter mentioned in section 4‑17. (3) The AUSTRAC CEO must not extend the period of a suspension under subsection (2) more than once.