Anti-Money Laundering and Countering Financing of Terrorism Act 2009

2: Commencement

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"When the Anti-Money Laundering Act starts"

Illustration for Anti-Money Laundering and Countering Financing of Terrorism Act 2009

You want to know when parts of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 start. Parts 1 and 4 (except section 162) start the day after the Act is agreed to by the Royal assent. Some sections start 12 months after the Royal assent. You also want to know about other parts of the Act. The rest of the Act starts on a date chosen by the Governor-General. The Governor-General can choose different dates for different parts of the Act. There is a special rule for section 162. It can only start if all of Part 2 has started. An order to start a part of the Act is secondary legislation, see Part 3 of the Legislation Act 2019 for more information about this.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2140724.


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1: Title, or

"This law is called the Anti-Money Laundering Act"


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3: Purpose, or

"This law helps stop money laundering and terrorism funding in New Zealand."

2Commencement

  1. Parts 1 and 4 (except section 162) come into force on the day after the date that this Act receives the Royal assent.

  2. Sections 68 to 71, 106 to 115, and 163 come into force 12 months after the date on which this Act receives the Royal assent.

  3. Except as provided in subsection (5), the rest of this Act comes into force on a date to be appointed by the Governor-General by Order in Council.

  4. One or more Orders in Council may be made appointing different dates for the commencement of different provisions.

  5. However, section 162 may not be brought into force unless every provision of Part 2 has been brought into force.

  6. An order under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

Notes
  • Section 2: subpart 5 of Part 2 brought into force, on , by clause 2(1) of the Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011 (SR 2011/221).
  • Section 2: the rest of this Act (except section 162) not in force immediately after the commencement of subpart 5 of Part 2 brought into force, on , by clause 2(2) of the Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011 (SR 2011/221).
  • Section 2: section 162 brought into force, on (immediately after the rest of this Act commenced by clause 2(2) of the order), by clause 2(3) of the Anti-Money Laundering and Countering Financing of Terrorism Act Commencement Order 2011 (SR 2011/221).
  • Section 2(6): inserted, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).