CTHIn ForceAct
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
19Translation of virtual assets to Australian currency
Start here
Get a plain-English read of 19
Turn the raw legal text into a practical explanation grounded in Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
#### 19 Translation of virtual assets to Australian currency
In determining, for the purposes of this Act, whether the value of a virtual asset is not less than an Australian dollar amount, the value of the virtual asset is to be translated to Australian currency in accordance with the method specified in the AML/CTF Rules.