Document ID: chunk:federal_register_of_legislation:C2025C00034:section:338:p1
Version: federal_register_of_legislation:C2025C00034
Segment Type: section
Provision Reference: s 338 (pt 1/16)
Character Range: 549145–551896

338  Dictionary
  In this Act, unless the contrary intention appears:
abscond has the meaning given by section 334.
account means any facility or arrangement through which a *financial institution accepts deposits, or allows withdrawals or transactions, and includes:
 (a) a facility or arrangement for:
 (i) a *fixed term deposit; or
 (ii) a safety deposit box; and
 (b) a credit card account; and
 (c) a loan account (other than a credit card account); and
 (d) an account held in the form of units in:
 (i) a cash management trust; or
 (ii) a trust of a kind prescribed by the regulations; and
 (e) a closed account; and
 (ea) an account relating to *digital currency, including:
 (i) an account representing an amount of digital currency; and
 (ii) an account provided as part of a *digital currency exchange.
To avoid doubt, it is immaterial whether:
 (f) an account has a nil balance; or
 (g) any transactions have been allowed in relation to an account; or
 (h) in the case of an account relating to digital currency—the balance of the account is expressed as an amount of digital currency, Australian currency or any other currency.
adoption Act has the meaning given by subsection 14C(11).
advantage includes financial advantage.
Note: See also the definition of financial advantage.
affairs of a person includes, but is not limited to:
 (a) the nature and location of property of the person or property in which the person has an interest; and
 (b) any activities of the person that are, or may be, relevant to whether or not the person has engaged in unlawful activity of a kind relevant to the making of an order under this Act.
AFP member means a member, or special member, (within the meaning of the Australian Federal Police Act 1979) of the Australian Federal Police.
agent includes, if the agent is a corporation, the *officers and agents of the corporation.
amendment reference has the meaning given by subsection 14C(4).
appropriate officer means the *DPP or a person included in a class of persons declared by the regulations to be within this definition.
approved examiner has the meaning given by subsection 183(4).
associated GST entity means an entity (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999) that has entered into an arrangement with the *Official Trustee under section 153‑50 of that Act.
AUSTRAC means the Australian Transaction Reports and Analysis Centre continued in existence by the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006.
Australia, when used in a geographical sense, includes the external Territories.
authorised officer means:
 (a) any of the following, if authorised by the Commissioner of the Australian Federal Police:
 (i) an *AFP member;
 (ii) an AFP