Commonwealth Consolidated Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 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 .