Document ID: chunk:federal_register_of_legislation:C2017A00130:clause:1_79a
Version: federal_register_of_legislation:C2017A00130
Segment Type: clause
Provision Reference: sch 1 cl 79A
Character Range: 42385–42839

79A  Section 5
Insert:
betting instrument means a thing (whether real or virtual):
 (a) that represents monetary value or digital currency value; and
 (b) that is designed to be used for the purpose of, or for purposes which include:
 (i) placing or making a bet; or
 (ii) paying out winnings in respect of a bet;
but does not include:
 (c) a gaming chip or token; or
 (d) a thing that, under the AML/CTF Rules, is taken not to be a betting instrument.