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Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Enforcement - General provisions relating to Part - Immunities

76: Protection for AML/CFT supervisors

You could also call this:

"Safety for people who oversee work to stop money laundering and terrorism"

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

You are protected if you supervise people who help stop money laundering and terrorism. You cannot be sued or charged with a crime for things you do as part of your job, unless you act in bad faith. This means you must have done something on purpose to hurt someone or break the law.

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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=DLM2353127.

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Money and consumer rights > TaxesCrime and justice > Criminal law
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"You're safe if you follow the law and act in good faith"

Part 3Enforcement
General provisions relating to Part: Immunities

76Protection for AML/CFT supervisors

  1. No civil or criminal proceedings may be brought against an AML/CFT supervisor or a person who is or has been an officer, employee, member of, or member of the board of, an AML/CFT supervisor for anything done or omitted to be done in the course of the performance or exercise of the AML/CFT supervisor's functions or powers under this Act or regulations unless it is shown that the AML/CFT supervisor or the person concerned acted in bad faith.

Notes
  • Section 76: amended, on , by section 33 of the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2017 (2017 No 35).