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

19   Subsection 6(2) (table item 50A)

Repeal the table item, substitute:

50A

exchanging, or making arrangements for the exchange of:

(a) a virtual asset for money (whether Australian or not); or

(b) money (whether Australian or not) for a virtual asset;

for a person, in the course of carrying on a business as a virtual asset service provider

the person whose virtual asset or money is exchanged