RBA Designates Linfox Armaguard Under Cash Distribution Framework Act
The Reserve Bank of Australia has designated Linfox Armaguard Pty Ltd under the Cash Distribution Framework Act 2026, which aims to promote access to cash for individuals and businesses in Australia.
The Act came into effect on August 27, 2026, reflecting the essential role cash continues to play in the economy. Linfox Armaguard is now subject to obligations administered or enforced by the ACCC under the Act, including negotiating in good faith with customers about service agreements and complying with arbitration provisions.
The ACCC can also make interim directions within the first 24 months of the Act and approve standard agreements for cash distribution services. Linfox Armaguard has been designated as a designated entity and can offer undertakings to the ACCC on matters related to the Act.