Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 (130 of 2017)
Schedule 1 Amendments
Part 2 Digital currencies
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
12 Section 5 (after paragraph (c) of the definition of threshold transaction)
Insert:
(ca) if:
(i) the regulations provide that this definition applies to a specified transaction involving digital currency; and
(ii) the regulations provide that a specified amount is the transaction threshold for the specified transaction;
the specified transaction, where the total amount transferred is not less than the transaction threshold for the transaction; or