Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (110 of 2024)

Schedule 9   Powers and definitions

Part 3   Definitions

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

26   Section 5 (definition of money)

At the end of the definition, add:

; and (d) a digital representation of value:

(i) that is issued by or under the authority of a government body; and

(ii) that is intended to function as money.

Example: Central bank digital currency.