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.