Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Limitation

• 53.2 (1) The Director shall disclose under subsection 53.1(1) information that would directly or indirectly identify any person or entity only if

  • (a) the person or entity is a foreign entity, as defined in section 11.41;

  • (b) the person or entity is one referred to in section 5; or

  • (c) the information is requested for the purpose of carrying out the Minister’s powers and duties under section 11.7.

• Marginal note:Clarification

  (2) For greater certainty, if information referred to in subsection (1) that would directly or indirectly identify any person or entity, other than one referred to in paragraph (1)(a) or (b), is contained in a document, whether in written form or in any other form, that is otherwise required to be disclosed under subsection 53.1(1), the Director shall provide the document with that information excluded.