Prohibited cash transactions at $10,000 for specified high-value goods
This regulation follows the passage of the Criminal Activity Intervention Legislation Act 2023 (the Act) in March 2023. The Act addresses harm caused by criminal activity, including that caused by gangs, and seeks to make communities safer. It creates new powers and offences that aim to better prevent and respond to the harm caused by criminal offending. This includes the harm commonly associated with gang activities, such as money laundering and dangerous behaviour on New Zealand road...