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Originally posted by Stanky
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OT: Any attempts to regulate such transactions would be hamfisted at best. I don't think it's a possibility but regulators are often tasked with matters outside of their competence level. The bigger concern with the proposed Bill is the ability to reduce the $10 000 limit by way of regulation. There will be no need to amend legislation as the minister will have the ability to unilaterally change the regulatory requirement.
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OT A furphy. It wouldn't make any difference. If it required a whole new vote in parliament both parties would happily collude without hesitation. Anytime. Like they do now.
