Tranche 2 key dates and deadlines
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General information, not legal advice.
When is your first independent evaluation due?
If you are a newly regulated business, AUSTRAC's Transitional Rules set a staggered deadline for your first independent evaluation. It depends on the last two digits of your AUSTRAC account number (AAN), which you receive when you enrol (AUSTRAC).
| Last two digits of your AAN | First evaluation due by |
|---|---|
| Both digits odd (for example 13) | 30 June 2029 |
| Second-last digit odd, last digit even (for example 12) | 31 December 2029 |
| Both digits even (for example 24) | 30 June 2030 |
| Second-last digit even, last digit odd (for example 21) | 31 December 2030 |
This applies to newly regulated businesses. A business that was enrolled on 30 March 2026 and has had an independent review before has a different rule: the later of 4 years after its most recent review and 31 March 2027. Source: AUSTRAC Transitional Rules 2026. We do not store the number you enter.
Tranche 2 timeline
Dates and deadlines that matter to a newly regulated small firm. Each row links to the AUSTRAC page it comes from.
| When | What happens | Source |
|---|---|---|
| 31 March 2026 | New AML/CTF obligations, including ongoing customer due diligence, start for businesses already regulated. The transitional period runs from 31 March 2026 to 31 March 2029. | AUSTRAC |
| 1 July 2026 | The AML/CTF regime expands to cover real estate, legal, accounting, conveyancing, trust and company services, and dealers in precious stones and metals. Obligations for these businesses apply from this date. | AUSTRAC |
| 1 July 2026 | The first annual compliance report reporting period begins. It runs from 1 July 2026 to 30 June 2027. | AUSTRAC |
| 28 days after you start | The latest you can apply to enrol is 28 days after the day you start providing a designated service. | AUSTRAC |
| 14 days after you enrol | Notify AUSTRAC of your AML/CTF compliance officer. For newly regulated businesses the deadline is the later of 14 days after enrolment and 29 July 2026. | AUSTRAC |
| 28 August 2026 | AUSTRAC announces it has begun issuing section 167 notices to businesses that appear to provide designated services but have not enrolled. | AUSTRAC |
| Within 14 days of a change | Update your enrolment details if details about your business or its designated services change. | AUSTRAC |
| 1 July to 30 September 2027 | Submission window for the first annual compliance report, covering 1 July 2026 to 30 June 2027. The window is 1 July to 30 September each year. | AUSTRAC |
| 30 June 2029 to 31 December 2030 | First independent evaluation for newly regulated businesses, by your AUSTRAC account number. Use the calculator above. After that, at least once every 3 years. | AUSTRAC |
Questions about Tranche 2 dates
When did Tranche 2 start?
The AML/CTF regime expanded to cover lawyers, accountants, conveyancers, real estate agents and others on 1 July 2026 (AUSTRAC).
When do I have to enrol?
No later than 28 days after you start providing a designated service (AUSTRAC). AUSTRAC began issuing section 167 notices to businesses that had not enrolled on 28 August 2026. See our section 167 notice guide.
Next steps
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