Financial Transaction Reports Act 1988
41AExemptions by the AUSTRAC CEO
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41A Exemptions by the AUSTRAC CEO
(1) The AUSTRAC CEO may, by written instrument, exempt a specified person from one or more specified provisions of this Act.
Note: For specification by class, see the Acts Interpretation Act 1901.
(2) An exemption may apply: (a) unconditionally; or (b) subject to specified conditions. (3) A person to whom a condition specified in an exemption applies must comply with the condition. (4) A copy of an exemption must be made available on AUSTRAC’s website. (5) An instrument under subsection (1) is not a legislative instrument.