Senate debates

Monday, 27 March 2006

Questions without Notice

Oil for Food Program

3:25 pm

Photo of Chris EllisonChris Ellison (WA, Liberal Party, Minister for Justice and Customs) Share this | Hansard source

Sections 25 and 27 of the Financial Transaction Reports Act 1988 include secrecy and access provisions that protect financial transaction reports information from dissemination other than to prescribed personnel and agencies involved in the enforcement of Commonwealth, state and territory laws. That protection is an important part of ensuring that the privacy of individuals’ and entities’ financial transactions is maintained and that financial transactions reporting information are not released for use in a manner that is inconsistent with the act. That answers the question.

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