The controversial new anti-money laundering law will have a significant impact on the way you buy and sell.

The law will make it illegal to use online platforms to buy or sell drugs, money laundering, and money laundering offences, and it will mean it’s a crime to “knowingly” facilitate the purchase or sale of illegal drugs or money laundering.

This article is a guide to the law and how it affects you.

READ MORE: How to protect yourself from financial crime: How will this change my buying habits?

The new legislation also introduces new penalties for dealing with money laundering or money-laundering activities.

The new laws will affect all transactions involving electronic transactions of up to $50,000.

The legislation was passed by the parliament in May 2017.

The government says the legislation aims to combat the growing global money laundering and money-theft networks.

In addition to the new offences, the new law will allow authorities to seize any money or property held by suspected criminal organisations or other financial criminals.

The money laundering legislation has been criticised by rights groups, who argue that it unfairly targets the poorest and most vulnerable in society.

The laws aim to make it easier for the authorities to target those who are involved in the financial crime and money theft networks, and to reduce the likelihood of people falling foul of the law.

What you should know about money laundering laws: What are the new laws?

How can I protect myself from money laundering?

The new law has two parts.

The first is a new definition of money laundering which will make money laundering a criminal offence.

This will apply to the money transactions between individuals, companies and organisations.

The second part is the criminal penalties for money laundering acts.

Money laundering is when money is sent or received through an electronic payment system to a third party who then uses it to commit money laundering (materially facilitating the commission of a crime).

The money laundering offence will apply when someone uses an electronic transaction to facilitate a crime, and the transaction takes place outside Australia, or if the money is transferred outside Australia.

Money is often used to fund criminal activities, such as drug trafficking, arms trafficking, and drug-related crimes.

These types of offences are usually committed by people who are not legally permitted to do so, or who have access to a legal, illegal or unregistered financial transaction, such is the use of an electronic transmission service, online payment, or payment in a form that is not recognised as legal tender.

The money transmission offence applies to any transaction involving electronic funds transfer (e-money), including transactions that involve a payment by electronic transfer of funds through an online platform.

For money laundering cases, there are three types of conduct:(1) an unlawful transaction to fund the commission or concealment of a criminal activity.(2) an offence that relates to a financial transaction in respect of which there is an actual, reasonably foreseeable risk that an offence will be committed, or which would, if committed, amount to an offence of a kind that is reasonably foreseeable in relation to the conduct.

The new offence definition includes transactions for the purpose of “providing services” to money laundering organisations, including the use or payment of a credit card or a debit card to facilitate money laundering activities.

A person is not a person “to whom a transaction relates” if that person does not have an “actual, reasonably anticipated risk” of a particular transaction being undertaken in respect, or in connection with, the payment of money, whether the transaction is for the benefit of the person or a third person.

Under the new legislation, money transmission offences will also include any activity involving “the purchase or distribution of goods or services” or “the distribution of money”.

The law also changes the definition of “person”, so that the offence is now a “person”.

A person is any person who “is resident in Australia”.

The definition of person includes a person who is “an Australian citizen or national of a member of the Australian Commonwealth”.

However, the legislation will still apply to anyone who is a “national of a state, territory or federal territory”, even if that state, province or territory is not part of the Commonwealth.

This is an important change for people living outside Australia who do not have a permanent resident status, as they will not be covered by the new offence.

For more information on the new money laundering law, read: The new money- laundering laws are being rolled out to millions of Australians.

What you need in a day’s work: The basics on money laundering