6Meaning of cash distribution service

6 Meaning of cash distribution service

(1) A cash distribution service is a service that facilitates:

(a) the movement of cash in Australia, such as movement between any of the following:

(i) the issuer of the cash;

(ii) locations at which cash is routinely stored, processed or packaged;

(iii) businesses or consumers that use cash; or

(b) the storage of cash in Australia.

(2) A cash distribution service includes, for example, a service for any of the following in relation to cash in Australia:

(a) the collection, transport or delivery of cash, including collection from the issuer of the cash for circulation;

(b) the administration of requests for cash;

(c) receiving and dealing with cash on bailment;

(d) the transfer or trading of cash at, or between, locations where cash is routinely stored, processed or packaged;

(e) the sorting, storing, processing or packaging of cash;

(f) quality control or counterfeit detection in relation to cash;

(g) the supplying, restocking or servicing of automated teller machines or other like machines that enable deposits or withdrawals of cash.

(3) A cash distribution service also includes a service that:

(a) relates to cash, or the availability of cash, in Australia; and

(b) is specified by the rules for the purposes of this paragraph.

(4) The rules may specify a service that is taken not to be a cash distribution service. Rules made for the purposes of this subsection have effect despite anything else in this section.