Document ID: chunk:federal_register_of_legislation:C2025C00044:section:5:p18
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 5 (pt 18/19)
Character Range: 77175–80133

credit card account provided by a financial institution; or
 (ii) a gaming chip or token, or a betting instrument; or
 (iii) a thing that stores, or gives access to, digital currency; or
 (f) a thing that, under the AML/CTF Rules, is taken not to be a stored value card.
subject to a requirement includes subject to a prohibition.
subsidiary has the same meaning as in the Corporations Act 2001.
superannuation fund has the same meaning as in the Superannuation Industry (Supervision) Act 1993.
suspicious matter reporting obligation has the meaning given by subsection 41(1).
taxation law has the same meaning as in the Taxation Administration Act 1953.
taxation officer means:
 (a) a Second Commissioner of Taxation; or
 (b) a Deputy Commissioner of Taxation; or
 (c) a person appointed or engaged under the Public Service Act 1999 and performing duties in the Australian Taxation Office.
threshold transaction means:
 (a) a transaction involving the transfer of physical currency, where the total amount of physical currency transferred is not less than $10,000; or
 (c) if:
 (i) the regulations provide that this definition applies to a specified transaction involving money; and
 (ii) the regulations provide that a specified amount is the transaction threshold for the specified transaction;
  the specified transaction, where the total amount transferred is not less than the transaction threshold for the transaction; or
 (ca) if:
 (i) the regulations provide that this definition applies to a specified transaction involving digital currency; and
 (ii) the regulations provide that a specified amount is the transaction threshold for the specified transaction;
  the specified transaction, where the total amount transferred is not less than the transaction threshold for the transaction; or
 (d) if:
 (i) the regulations provide that this definition applies to a specified transaction involving the transfer of property; and
 (ii) the regulations provide that a specified amount is the transaction threshold for the specified transaction;
  the specified transaction, where the total value transferred is not less than the transaction threshold for the transaction.
Paragraph (a) does not limit paragraph (c).
Note 1: See also section 18 (translation of foreign currency to Australian currency).
Note 2: See also section 19 (translation of digital currency to Australian currency).
Note 3: For specification by class, see subsection 13(3) of the Legislation Act 2003.
tracing information has the meaning given by section 72.
transaction includes a transaction of a non‑commercial nature.
transfer includes any act or thing, or any series or combination of acts or things, that may reasonably be regarded as the economic equivalent of a transfer (for example, debiting an amount from a person's account and crediting an equivalent amount to another person's account).
transferor entity, in relation to a remittance arrangement, has the meaning given