Commonwealth Consolidated Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 76G

  (1)   The AUSTRAC CEO may, in writing, impose conditions to which the registration of a person under this Part   is subject.

Note:   A decision to impose a condition is reviewable (see Part   17A).

  (2)   Without limiting the conditions that the AUSTRAC CEO may impose under subsection   (1), the conditions may relate to the following:

  (a)   the value of digital currency or money exchanged;

  (b)   the volume of digital currency exchanged (whether by reference to a particular period, a particular kind of digital currency, or otherwise);

  (c)   the kinds of digital currencies exchanged;

  (d)   requiring notification of the exchange of particular kinds of digital currency, changes in circumstances, or other specified events.

Note:   Section   76P imposes a general obligation in relation to notification of changes in circumstances.