Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (110 of 2024)

Schedule 5   Tipping off offence and disclosure of AUSTRAC information to foreign countries or agencies

Part 1   Main amendments

Division 2   Disclosure of AUSTRAC information to foreign countries or agencies

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

3   Paragraph 126(2)(a)

Repeal the paragraph, substitute:

(a) both of the following apply:

(i) the making of the record, disclosure or use is for the purposes of, or in connection with, the performance or exercise of the person's functions, duties or powers as an official of a Commonwealth, State or Territory agency;

(ii) the disclosure is not to the government of a foreign country or to a foreign agency; or