You can apply to AUSTRAC for an exemption from one or more of your obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).

You can also apply to have your obligations under the Act modified. 

Other exemptions from obligations are set out in legislation and will apply if you meet the relevant criteria.

There are two ways to apply for an exemption:

1. You can apply to have an exemption made through the AML/CTF Rules that will apply to all reporting entities and/or designated services that fit the criteria. This is known as a ‘general exemption by Rule’, and is made under section 247 of the AML/CTF Act. It is usually made by a group of reporting entities or on their behalf by a representative body, like an industry association.
2. You can also apply to have an exemption from, or a modification of, provisions of the AML/CTF Act made specifically for you. These are made under section 248 of the AML/CTF Act.

We publish lists of exemptions and modifications that have been granted and revoked.

How to apply

Complete an application form (Word, 163 KB) and email with supporting information to exemptions@austrac.gov.au. 

The Exemption Policy has more details on the application process.

Processing times

We usually acknowledge applications within 7 business days of receiving them. We thoroughly assess each application and aim to make timely decisions that support commercial certainty. However, all applications are different and we do not provide a timeframe for a decision. 

In exceptional circumstances, we may consider prioritising applications submitted urgently. If you mark an application as ‘urgent’ you must provide an explanation about why the urgency is beyond your control. 

Related pages 

• Exemptions from AML/CTF obligations
• Exemption policy

Related resources

• Exemption application form (Word, 163 KB)