Anti-Money Laundering and Countering Financing of Terrorism Act 2009

AML/CFT requirements and compliance - Codes of practice

65: Amendment and revocation of codes of practice

You could also call this:

"Changing or Cancelling Rules to Stop Money Laundering"

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

You can change or cancel a code of practice in the same way it was created. When you amend or revoke a code of practice, some rules apply, like those in sections 63, 64, 66, and 67. These rules help you make the changes correctly.

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64: Procedure for approval and publication of codes of practice, or

"How the Minister Approves and Publishes Rules to Stop Money Laundering"


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66: Proof of codes of practice, or

"Showing you followed the rules when creating a code of practice"

Part 2AML/CFT requirements and compliance
Codes of practice

65Amendment and revocation of codes of practice

  1. A code of practice may be amended or revoked in the same manner as that in which it was made.

  2. Sections 63, 64, 66, and 67 apply with the necessary modifications to the amendment or revocation of a code of practice.