Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (110 of 2024)
Schedule 10 Exemptions
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
1 Section 5 (definition of account)
Repeal the definition, substitute:
account includes:
(a) an account which has a nil balance; and
(b) an account in relation to which no transactions have been allowed.