S.I. No. 453/2016 - Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (Competent Authority and State Competent Authority) Regulations 2016.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 23rd August, 2016.

I, FRANCES FITZGERALD, Minister for Justice and Equality, in exercise of the powers conferred on me by sections 3 (1), 60 (3) and 62 (2) of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (No. 6 of 2010) (as adapted by the Justice and Law Reform (Alteration of Name of Department and Title of Minister) Order 2011 ( S.I. No. 138 of 2011 )), being satisfied as to the matters referred to in sections 60(3) and 62(2) of that Act and having consulted with the Minister for Finance, hereby make the following regulations:

1. These Regulations may be cited as the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (Competent Authority and State Competent Authority) Regulations 2016.

2. These Regulations shall come into operation on 1 September 2016.

3. In these Regulations, “Act of 2010” means the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (No. 6 of 2010).

4. For the purposes of section 60(1) of the Act of 2010, the Property Services Regulatory Authority is prescribed as the competent authority for property service providers.

5. For the purposes of section 62(1)(c) of the Act of 2010, the Property Services Regulatory Authority, prescribed under Regulation 4 as the competent authority for property service providers, is prescribed as a State competent authority.

GIVEN under my Official Seal,

16 August 2016.

FRANCES FITZGERALD,

Minister for Justice and Equality.