Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2007 (52 of 2007)

Schedule 1   Amendments

Part 1   Amendments

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

51   Subsection 197(5)

Repeal the subsection, substitute:

(5) The AUSTRAC CEO may publish a copy of the undertaking on AUSTRAC’s Internet site, but the AUSTRAC CEO must delete from the copy information that the AUSTRAC CEO is satisfied:

(a) is commercial in confidence; or

(b) should not be released because it would be against the public interest to do so; or

(c) consists of personal details of an individual.

(6) If:

(a) the AUSTRAC CEO publishes a copy of the undertaking on AUSTRAC’s Internet site; and

(b) the copy has information deleted from it;

the copy must include a note stating that information has been deleted.