Document ID: chunk:federal_register_of_legislation:C2020A00133:clause:1_120
Version: federal_register_of_legislation:C2020A00133
Segment Type: clause
Provision Reference: sch 1 cl 120
Character Range: 40262–41356

120  Simplified outline of this Part

         • Except as permitted by this Act, an AUSTRAC entrusted person must not access, make a record of, authorise access to, disclose or otherwise use AUSTRAC information.
         • A reporting entity must not disclose:
             (a) that the reporting entity has given, or is required to give, a report under subsection 41(2); or
             (b) any information from which it could reasonably be inferred that the reporting entity has given, or is required to give, that report.
         • The AUSTRAC CEO may authorise officials of Commonwealth, State or Territory agencies to access AUSTRAC information for the purposes of performing the agency's functions and duties and exercising the agency's powers.
         • In certain circumstances, AUSTRAC information may be disclosed to governments of foreign countries or to foreign agencies.
         • There are restrictions on persons using or disclosing AUSTRAC information where the information was disclosed to the persons in contravention of this Part.

Division 2—AUSTRAC entrusted persons