What the official record says
This Act is the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act . This Act comes into force on . This amends the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the ). In section 4(3), replace with . After section 4(3)(b), insert: sets out requirements on reporting entities to report certain prescribed transactions: In section 5, insert in their appropriate alphabetical order: means a transaction in New Zealand involving the use of physical currency means a wire transfer where— at least one of the following institutions is in New Zealand: the ordering institution: the intermediary institution: the beneficiary institution; and at least one of the following institutions is outside New Zealand: the ordering institution: the intermediary institu