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

22   Section 5 (definition of debit card)

Repeal the definition, substitute:

debit card means:

(a) a thing (whether real or virtual) that is intended for use by a person in obtaining access to an account that is held by the person for the purpose of withdrawing or depositing physical currency or obtaining goods or services; or

(b) a thing (whether real or virtual) that may be used as a thing referred to in paragraph (a).