Anti-Money Laundering and Counter-Terrorism Financing Rules 2025
4‑24 Register entry in relation to suspe4‑24 Register entry in relation to suspension of registration
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4‑24 Register entry in relation to suspension of registration
(1) If the AUSTRAC CEO suspends the registration of a person under Part 6 or 6A of the Act, or extends such a suspension, the AUSTRAC CEO must enter on the Remittance Sector Register or the Virtual Asset Service Provider Register, respectively, information identifying that the person’s registration is or remains suspended. (2) The AUSTRAC CEO must remove that information from the Remittance Sector Register or the Virtual Asset Service Provider Register as soon as practicable after: (a) the suspension is revoked under subsection 4‑22(1); or (b) the period of the suspension ceases.