Anti-Money Laundering and Counter-Terrorism Financing Act 2006
76GRegistration may be subject to conditions
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76G Registration may be subject to conditions
(1) The AUSTRAC CEO may, in writing, impose conditions to which the registration of a person under this Part is subject.
Note: A decision to impose a condition is reviewable (see Part 17A).
(2) Without limiting the conditions that the AUSTRAC CEO may impose under subsection (1), the conditions may relate to the following: (a) the value of virtual assets or money exchanged; (b) the volume of virtual assets exchanged (whether by reference to a particular period, a particular kind of virtual asset, or otherwise); (c) the kinds of virtual assets exchanged; (d) requiring notification of the exchange of particular kinds of virtual assets, changes in circumstances, or other specified events.
Note: Section 76P imposes a general obligation in relation to notification of changes in circumstances.