Crimes Legislation Amendment (Law Enforcement Integrity, Vulnerable Witness Protection and Other Measures) Act 2013 (74 of 2013)

Schedule 4 Anti-Money Laundering and Counter-Terrorism Financing amendments

Insert:

(7AA) A reporting entity to whom information has been disclosed under subsection (7) must not disclose the information unless:

(a) the disclosure is made to another reporting entity that belongs to the designated business group; and

(b) the disclosure is made for the purpose of informing the other reporting entity about the risks involved in dealing with the customer.