Senate debates

Thursday, 22 March 2007

Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2007

In Committee

10:52 am

Photo of David JohnstonDavid Johnston (WA, Liberal Party, Minister for Justice and Customs) Share this | Hansard source

The government does not see that the amendments regarding the search powers are necessary. To use a phrase used by Senator Ludwig, I am giving a precis because I know that my predecessor has provided all these arguments, but both for the sake of the record and respecting the mover of the amendments, the government does not see these amendments as necessary; should operational experience demonstrate that such amendments are necessary—bear in mind it is a three-year roll-out package with a seven-year review—this can be considered when the legislation is reviewed in accordance with section 251. Bear in mind also that there is a further tranche with respect to other modes of financial transactions coming.

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