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

Schedule 9 Powers and definitions

Insert:

7A Securities and derivatives

(1) Security has the same meaning as in Chapter 7 of the Corporations Act 2001.

(2) Despite subsection (1), the AML/CTF Rules may provide:

(a) that a specified thing is a security ; or

(b) that a specified thing is not a security .

(3) Derivative has the same meaning as in Chapter 7 of the Corporations Act 2001.

(4) Despite subsection (3), the AML/CTF Rules may provide:

(a) that a specified thing is a derivative ; or

(b) that a specified thing is not a derivative .