Anti-Money Laundering and Countering Financing of Terrorism (Supervisor, Levy, and Other Matters) Amendment Bill

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

The objectives of this bill are, reducing business compliance costs; improving regulatory effectiveness and efficiency; continued regulatory compliance with related international obligations; and providing sufficient funding for the regulatory system.