Document ID: chunk:federal_register_of_legislation:C2017A00130:clause:1_79
Version: federal_register_of_legislation:C2017A00130
Segment Type: clause
Provision Reference: sch 1 cl 79
Character Range: 41370–42385

79  Section 5 (definition of stored value card)
Repeal the definition, substitute:
stored value card means a thing (whether real or virtual):
 (a) that stores monetary value in a form other than physical currency; or
 (b) that gives access to monetary value stored in a form other than physical currency; or
 (c) that is declared to be a stored value card by the AML/CTF Rules;
but does not include:
 (d) a debit card or a credit card (whether real or virtual) linked to an account provided by a financial institution; or
 (e) unless declared under paragraph (c):
 (i) a thing that is intended to give access to monetary value in a debit card or 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.

Part 7—Other regulatory matters

Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006