Banking and Finance Service Subordinate Legislation Updates

Monday 7 April 2014 @ 9.01 a.m.

TimeBase's Point-In-Time Banking and Finance Service has been updated to take account of amendments made by the following legislation:

  • Personal Property Securities Amendment (Motor Vehicles) Regulation 2014 (No. 37 of 2014)

  • New Principal Regulation - Anti-Money Laundering and Counter-Terrorism Financing (Iran Countermeasures) Regulation 2014 (No. 35 of 2014)

The Personal Property Securities Amendment (Motor Vehicles) Regulation 2014 (No. 37 of 2014) amends the Personal Property Securities Regulations 2010 to amend the defintion of 'motor vehicle'.

The new principal Anti-Money Laundering and Counter-Terrorism Financing (Iran Countermeasures) Regulation 2014 (No. 35 of 2014) repeal the Anti Money Laundering and Counter Terrorism Financing Regulations 2008 (No. 2) and regulate the entering into of transactions with residents of a prescribed foreign country.

These amendments are currently online and available in the Banking and Finance Point-in-Time Service as of 7 April 2014. Note: Subscribers can access their subscription by clicking here.

If you have any questions or you are not a subscriber and would like to trial the service please do not hesitate to call.