ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 56 Movements of monetary instruments out of Australia
ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 56
Movements of monetary instruments out of Australia(1) For the purposes of this Act, a person moves a monetary instrument out of Australia if the person takes or sends the instrument out of Australia.
(2) For the purposes of this Act, if:
(a) a person arranges to leave Australia on an aircraft or ship; and
(i) the person has a monetary instrument in the person's baggage, and the person enters a place at which customs officers examine passports; or
(ii) the person takes a monetary instrument into a place at which customs officers examine passports;
the person is taken to have moved the instrument out of Australia when the
person leaves that place.