Exemption order Nelson Enterprise Loan Trust [pdf, 28 KB]
...and Countering Financing of Terrorism Act 2009 (the Act), I exempt Nelson Enterprise Loan Trust from the following provisions of the Act: (a) section 11(1)(b); (b) sections 26 – 39; (c) section 49(3); (d) sections 50 - 91; and (e) sections 101 -163. 2. This partial exemption has been made for the following reasons: (a) There is a low risk of money laundering and terrorist financing through Nelson Enterprise Loan Trust as: (i) Nelson Enterprise Loan Trust is a not for profit...