Commonwealth Numbered Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 (NO. 169, 2006) - SECT 133

             (1)  The Director‑General of Security may communicate AUSTRAC information to a foreign intelligence agency if the Director‑General is satisfied that:

                     (a)  the foreign intelligence agency has given appropriate undertakings for:

                              (i)  protecting the confidentiality of the information; and

                             (ii)  controlling the use that will be made of it; and

                            (iii)  ensuring that the information will be used only for the purpose for which it is communicated to the foreign country; and

                     (b)  it is appropriate, in all the circumstances of the case, to do so.

             (2)  The Director‑General of Security may, in writing, authorise an ASIO official to access the AUSTRAC information and communicate it to the foreign intelligence agency on the Director‑General's behalf.

Note:          For variation and revocation, see subsection 33(3) of the Acts Interpretation Act 1901 .