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Anti-Money Laundering and Countering Financing of Terrorism Act 2009

AML/CFT requirements and compliance - Prescribed transaction reports

48C: Sections 43 to 48 apply to prescribed transactions

You could also call this:

"Rules for certain transactions must be followed"

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

You need to follow rules for certain transactions. These rules are in sections 43 to 48. They apply to prescribed transactions with some changes.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7325025.

Topics:
Money and consumer rights > Consumer protection
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Part 2AML/CFT requirements and compliance
Prescribed transaction reports

48CSections 43 to 48 apply to prescribed transactions

  1. Sections 43 to 48 apply, with all necessary modifications, to prescribed transactions.

Notes
  • Section 48C: inserted, on , by section 9 of the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2015 (2015 No 96).