Senate debates

Monday, 19 June 2006

Electoral and Referendum Amendment (Electoral Integrity and Other Measures) Bill 2006

In Committee

8:01 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Minister for Fisheries, Forestry and Conservation) Share this | Hansard source

The name of that company is Baycorp. That is the company that provides that service to financial institutions around Australia. It is cheaper for the institution and therefore cheaper for those who deposit funds et cetera to have this outsourcing situation. It was not intended that we would make it more difficult to fight money laundering with the amendment that was carried some time ago. Therefore, we want to ensure that the fight against money laundering can continue unhindered. That is what they are restricted to with this amendment. The other restrictions on the use of the electoral roll remain.

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