Overview
The Anti-Money Laundering and Counter-Terrorism Financing (Class Exemptions and Other Matters) Amendment Rules 2026 came into force on 24 March 2026. The instrument was subsequently repealed on 11 August 2026.
The rules were made under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and administered by the Department of Home Affairs.
What the Instrument Did
The amendment made changes to the existing Anti-Money Laundering and Counter-Terrorism Financing (Class Exemptions and Other Matters) Rules 2007 via Schedule 1. The source document does not specify the precise changes made to the class exemptions, nor does it identify which reporting entities were affected by the amendments.
Current Status
This instrument is now repealed as of 11 August 2026. The current version of the Anti-Money Laundering and Counter-Terrorism Financing (Class Exemptions and Other Matters) Rules 2007 on the Federal Register of Legislation reflects what rules apply following the repeal of this amendment.
Key Actions
- Reporting entities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 can review the full text of this instrument at https://www.legislation.gov.au/F2026L00354 to examine what class exemptions were amended during the period the rules were in force.
- The current version of the Anti-Money Laundering and Counter-Terrorism Financing (Class Exemptions and Other Matters) Rules 2007 is available at https://www.legislation.gov.au to confirm what rules currently apply.
- The Department of Home Affairs or AUSTRAC can be contacted for questions about whether a business qualifies for any class exemptions under the AML/CTF framework.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.