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Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Institutional arrangements and miscellaneous provisions - Institutional arrangements - Use and disclosure of information

139A: Regulations relating to information sharing

You could also call this:

"Rules about sharing information to help stop money laundering and terrorism"

Illustration for Anti-Money Laundering and Countering Financing of Terrorism Act 2009

The Governor-General can make rules about sharing information. You can find out more about this in section 139(2). These rules can say what type of information can or cannot be shared. They can also say how the information can be used, such as how it is stored or who can access it. The Minister must talk to certain people before making these rules. This includes agencies and regulators that might be affected, the Privacy Commissioner, and anyone else the Minister thinks might be affected. The rules made under this section are called secondary legislation, which has its own publication requirements - you can learn more about this in Part 3 of the Legislation Act 2019.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7408249.

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Part 4Institutional arrangements and miscellaneous provisions
Institutional arrangements: Use and disclosure of information

139ARegulations relating to information sharing

  1. The Governor-General may, by Order in Council made on the recommendation of the Minister, make regulations for the purpose of section 139(2)—

  2. specifying the type of information that may or may not be disclosed:
    1. prescribing the conditions under which the information may be disclosed and the conditions applying to the use of that information (for example, conditions relating to storage, copying, access, and the return of information).

      1. Before recommending the making of regulations under this section, the Minister must consult—

      2. the agencies and regulators that may be affected by the proposed regulations; and
        1. the Privacy Commissioner; and
          1. any other person or body that the Minister considers may be affected by the proposed regulations.

            1. Regulations under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

            Notes
            • Section 139A: inserted, on , by section 51 of the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2017 (2017 No 35).
            • Section 139A(3): inserted, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).