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Cryptocurrency exchanges must register with AUSTRAC and comply with anti-money laundering regulations.;They also need to meet specific licensing requirements under the Corporations Act 2001.
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Common legal questions answered by Debt & Bankruptcy lawyers.
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Cryptocurrency exchanges must register with AUSTRAC and comply with anti-money laundering regulations.;They also need to meet specific licensing requirements under the Corporations Act 2001.
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To register a business name, you need to apply through the Australian Securities and Investments Commission (ASIC) website.;You will need an ABN to register a business name, and the name must not be identical to an ex...
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Tenants in Australia have rights to secure tenure, fair rent, and property maintenance under residential tenancy laws.;Tenants can seek assistance from tenancy tribunals and consumer protection agencies if their right...
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Company directors in Australia have a duty to act in the best interests of the company, avoid conflicts of interest, and exercise care and diligence.;Directors can be held personally liable for breaches of their dutie...
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Child custody in Australia is determined based on the best interests of the child, considering factors like the child's needs, the parents' ability to provide care, and any history of family violence.;Courts aim to en...
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An executor's role includes gathering and managing the deceased's assets, paying debts and taxes, and distributing the remaining assets to beneficiaries.;The executor must act in the best interests of the estate and c...
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Unlawful discrimination occurs when a person is treated less favorably due to specific attributes.;This includes discrimination based on race, gender, age, and disability.
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A bankruptcy trustee is responsible for managing your bankruptcy, including selling assets and distributing proceeds to creditors.;The trustee also investigates your financial affairs and ensures compliance with bankr...
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Costs of arbitration include arbitrator fees, administrative fees, and legal costs.;These costs can vary based on the complexity and duration of the arbitration.
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Misleading and deceptive conduct is prohibited under the ACL, and businesses engaging in such practices can face penalties and legal action.;Consumers can report misleading conduct to the ACCC or seek remedies through...
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