Anti-Money Laundering and Countering Financing of Terrorism Act 2009

AML/CFT requirements and compliance - Codes of practice

66: Proof of codes of practice

You could also call this:

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

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

If you publish a code of practice under the Legislation Act 2019, it proves you have followed the rules in sections 64(1) to (5) and 65. You can find the Legislation Act 2019 at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7298104. This means you do not need to provide more evidence that you have complied with these rules.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2140930.


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"Changing or Cancelling Rules to Stop Money Laundering"


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67: Legal effect of codes of practice, or

"What codes of practice mean for following the Anti-Money Laundering law"

Part 2AML/CFT requirements and compliance
Codes of practice

66Proof of codes of practice

  1. Publication under the Legislation Act 2019 of a code of practice is conclusive evidence that the requirements of sections 64(1) to (5) and 65 have been complied with.

Notes
  • Section 66: replaced, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).