Clause 20
Amendment of section 39
of Prevention of Proliferation Financing and Other Matters Bill
BillNot in forceProvision 19 of 35
Clause 20
In the PSPM Act, in section 39(2) —
(a)
in paragraph (c), replace “and terrorism financing” with “, prevention of terrorism financing and prevention of the financing of proliferation of weapons of mass destruction,”;
(b)
in paragraph (d), replace “and the period for which, and manner in which, the records must be kept” with “, the period and manner of keeping the records and the requirement to submit the records to the Registrar”; and
(c)
after paragraph (e), insert —“(ea)the procedure —
(i)
for the use of the electronic service mentioned in section 36B; and
(ii)
in circumstances where there is a breakdown or an interruption of the electronic service;”.