Anti-Money Laundering and Counter-Terrorism Financing and Other Legislation Amendment Act 2020 (133 of 2020)

Schedule 1   Amendments

Part 4   Secrecy and access

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

40   Section 5 (definition of AUSTRAC information)

Repeal the definition, substitute:

AUSTRAC information means the following:

(a) information obtained by, or generated by, an AUSTRAC entrusted person under or for the purposes of this Act;

(b) information obtained by an AUSTRAC entrusted person under or for the purposes of any other law of the Commonwealth or a law of a State or a Territory;

(c) information obtained by an AUSTRAC entrusted person from a government body;

(d) FTR information (within the meaning of the Financial Transaction Reports Act 1988).