Anti-Money Laundering and Counter-Terrorism Financing and Other Legislation Amendment Act 2020 (133 of 2020)

Schedule 1   Amendments

Part 5   Reports about cross-border movements of monetary instruments

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

71   Section 5

Insert:

non-reportable cross-border movement of monetary instruments means:

(a) a movement of one or more monetary instruments into Australia; or

(b) a movement of one or more monetary instruments out of Australia;

for which a report under section 53 is not required.