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ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 87 Revocation of adoption of anti - money laundering and counter - terrorism financing program

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 87

Revocation of adoption of anti - money laundering and counter - terrorism financing program

    If a reporting entity has adopted an anti - money laundering and counter - terrorism financing program that applies to the reporting entity, this Part does not prevent the reporting entity from:

  (a)   revoking that adoption; and

  (b)   adopting another anti - money laundering and counter - terrorism financing program that applies to the reporting entity.