Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024
233KExemption—operating no more than 15 gaming machines
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233K Exemption—operating no more than 15 gaming machines
(a) the reporting entity and any related entity (within the meaning of the Corporations Act 2001) that is a reporting entity have a total entitlement under licences issued by one or more States or Territories to operate no more than 15 gaming machines; and
(b) the reporting entity and any related entity (within the meaning of the Corporations Act 2001) that is a reporting entity only provide one or more designated services covered by any of the following:
(i) item 5 of table 3 in section 6;
(ii) item 6 of table 3 in section 6;
(iii) item 8 of table 3 in section 6;
(iv) item 9 of table 3 in section 6;
(v) item 10 of table 3 in section 6; and
(c) the provision of any designated services referred to in subparagraph (b)(ii), (iii) or (iv) involves a game played on a gaming machine.
Exemption
(2) The following provisions of the Act do not apply to the reporting entity:
(a) Part 1A;
(b) Divisions 2 to 6 of Part 2;
(c) sections 37 and 38 of Division 7 of Part 2;
(d) section 43;
(e) section 45;
(f) Division 5 of Part 3;
(g) Part 5;
(h) Division 1 of Part 10;
(i) sections 109 and 110;
(j) Divisions 3 to 7 of Part 10;
(k) section 236B.