Document ID: chunk:federal_register_of_legislation:C2024A00110:clause:6_16
Version: federal_register_of_legislation:C2024A00110
Segment Type: clause
Provision Reference: sch 6 cl 16
Character Range: 131470–132157

16  Section 5
Insert:
virtual asset has the meaning given by section 5B.
virtual asset safekeeping service:
 (a) means a service in which virtual assets or private keys are controlled or managed for or on behalf of a person (the customer) or another person nominated by the customer under an arrangement between the provider of the service and the customer, or between the provider of the service and another person with whom the customer has an arrangement (whether or not there are also other parties to any such arrangement); but
 (b) does not include a service of a kind prescribed by the AML/CTF Rules.
Virtual Asset Service Provider Register has the meaning given by section 76B.