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