Anti-Money Laundering and Counter-Terrorism Financing and Other Legislation Amendment Act 2020 (133 of 2020)
Schedule 1 Amendments
Part 5 Reports about cross-border movements of monetary instruments
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
118 Subclause 1(4) of Schedule 1
Repeal the subclause, substitute:
Cross-border movements of bearer negotiable instruments
(4) Division 2 of Part 4 and section 199, so far as they relate to a monetary instrument that is a bearer negotiable instrument, also have the effect they would have if they were, by express provision, confined to a bearer negotiable instrument that is:
(a) a bill of exchange; or
(b) a promissory note.