Royal Commissions and Other Legislation Amendment Act 2001 (Cth)

Royal Commissions and Other Legislation Amendment Act 2001

No. 166, 2001

An Act to amend the Royal Commissions Act 1902 and other legislation, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Amendment of Acts Australian Securities and Investments Commission Act 2001 Financial Transaction Reports Act 1988 Royal Commissions Act 1902 Telecommunications (Interception) Act 1979

Royal Commissions and Other Legislation Amendment Act 2001

No. 166, 2001

An Act to amend the Royal Commissions Act 1902 and other legislation, and for related purposes

[Assented to 1 October 2001]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Royal Commissions and Other Legislation Amendment Act 2001.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendment of Acts

Australian Securities and Investments Commission Act 2001

1 After subsection 127(2A) Insert:

(2B) Disclosing information to a Royal Commission (within the meaning of the Royal Commissions Act 1902) is authorised use and disclosure of the information.

(2C) The Chairperson may impose conditions to be complied with in relation to information disclosed under subsection (2B).

1A Subsection 127(5) After "subsection", insert "(2C),".

2 Subsection 127(6) After "(2A),", insert "(2B), (2C),".

Financial Transaction Reports Act 1988

2A Section 3 Insert:

official, in relation to a Royal Commission, means: (a) a legal practitioner appointed to assist the Commission; or (b) a person otherwise assisting the Commission and authorised in writing by the sole Commissioner or a member of the Commission.