Anti-Terrorism Act (No. 2) 2005 (144 of 2005)

Schedule 9   Financial transaction reporting

Financial Transaction Reports Act 1988

7   After section 3

Insert:

3A Translation of foreign currency to Australian currency

In determining, for the purposes of this Act, whether an amount of foreign currency (including an amount in which a bearer negotiable instrument or other document is denominated) is not less than an Australian dollar amount, the amount of foreign currency is to be translated to Australian currency at the exchange rate applicable at the relevant time.