Western Australia to trial daylight saving

Western Australia will introduce daylight saving on 3 December 2006, for a three-year trial, to be followed by a referendum in 2009.

During daylight saving, Western Australia will be 1.5 hours behind Adelaide, 2 hours behind Sydney, Melbourne and Canberra and 1 hour behind Brisbane.

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Anti-Money Laundering Bills introduced
The Government has introduced the first tranche of the Anti-money laundering/Counter-terrorism financing (AML/CTF) legislation into Commonwealth Parliament:

• The Anti-Money Laundering and Counter-Terrorism Financing Bill 2006
• The Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Measures) Bill 2006

The 282-page AML/CTF bill has staggered operative dates. Specific operative dates include:

• Identification procedures: 12 months after the bill receives assent.
• Reporting obligations: 24 months after the bill receives assent.
• AML/CTF reports: 6 months after the bill receives assent.
• Cross-border currency transactions: when the bill receives assent.
• Electronic funds transfer instructions: when the bill receives assent.
• AML/CTF programs: 12 months after the bill receives assent.
• Record-keeping requirements: 6 months after the bill receives assent

The Attorney-General's Department AML website

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