Crimes and Other Legislation Amendment (Omnibus) Act 2023 (63 of 2023)

Schedule 1   Anti-Money Laundering and Counter-Terrorism Financing Act 2006

Part 2   Dealing with AUSTRAC information

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

5   After subsection 126(3)

Insert:

(3A) Subsection (3) does not apply if the AUSTRAC information:

(a) was obtained under section 41 (reports of suspicious matters); or

(b) was obtained under section 49 (further information to be given to the AUSTRAC CEO etc.), in so far as that section relates to a communication under section 41; or

(c) was obtained under section 16 of the Financial Transaction Reports Act 1988 (reports of suspect transactions).