Document ID: chunk:federal_register_of_legislation:C2025C00044:section:49c
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 49C
Character Range: 197701–199145

49C  Authorisation to obtain information or documents in certain circumstances

Scope
 (1) This section applies if a person has information or a document that may assist the AUSTRAC CEO with:
 (a) obtaining or analysing information to support efforts to combat money laundering, terrorism financing, proliferation financing or other serious crimes; or
 (b) identifying trends, patterns, threats or vulnerabilities associated with money laundering, terrorism financing, proliferation financing or other serious crimes;
for the purposes of the performance of functions of the AUSTRAC CEO.

Authorisation
 (2) The AUSTRAC CEO may, by written notice given to the person, authorise the person:
 (a) to give to the AUSTRAC CEO any such information; or
 (b) to produce to the AUSTRAC CEO any such documents.

Content of notice
 (3) A notice under subsection (2) must set out the effect of the following provisions:
 (a) subsection (5);
 (b) section 136;
 (c) section 137.
Note 1: Section 136 is about giving false or misleading information.
Note 2: Section 137 is about producing false or misleading documents.

Information disclosure etc.
 (4) A person may give information or produce a document to the AUSTRAC CEO in accordance with a notice under subsection (2).
Note: This subsection constitutes an authorisation for the purposes of the Privacy Act 1988 and other laws.
 (5) This section applies despite any general law obligation of confidence.