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COMMONWEALTHAct
In force
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s 51

Subsection 3(1)

In force

51 Subsection 3(1)

Insert:

designated service transaction: if:

(a)

a reporting entity provides, or commences to provide, a designated service to a customer (within the meaning of the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006); and

(b)

the provision of the service involves a transaction;

the transaction is a designated service transaction.

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