Commonwealth Consolidated Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 76M

Removal on request

  (1)   A person who is a registered digital currency exchange provider may request the AUSTRAC CEO, in writing, to remove the entry relating to the registration of the person from the Digital Currency Exchange Register.

  (2)   If a person makes a request under subsection   (1), the AUSTRAC CEO must remove the entry from the Digital Currency Exchange Register.

Removal on cessation of registration

  (3)   If the registration of a person ceases under another provision of this Part, the AUSTRAC CEO must remove the entry relating to the registration from the Digital Currency Exchange Register.

Notice of removal

  (4)   The AUSTRAC CEO must, as soon as reasonably practicable, notify a person, in writing, if the AUSTRAC CEO has acted under subsection   (3) in relation to the person (unless the person has died or, in the case of a body corporate, ceased to exist).