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

Schedule 6   Services relating to virtual assets

Part 1   Main amendments

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

10   Section 5

Insert:

registrable virtual asset service means a designated service that:

(a) is either of the following:

(i) a designated service covered by item 46A, 50A, 50B or 50C of table 1 in section 6;

(ii) a designated service covered by item 29 or 30 of that table, if the transfer of value involves the transfer of a virtual asset (whether or not it also involves the transfer of money or property); and

(b) is not provided by a financial institution or a casino; and

(c) is not of a kind specified in the AML/CTF Rules.