Bill C-42
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PART V.2 |
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AUTHORIZATIONS |
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Computer Systems and Networks |
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Duties of
Commissioner
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273.9 (1) The Commissioner of the
Communications Security Establishment
appointed under subsection 273.63(1) has, in
relation to the activities referred to in section
273.8, the following duties:
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Certain
provisions
apply
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(2) For the purposes of subsection (1),
subsections 273.63(3) to (6) apply to the
Commissioner.
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123. If Bill C-36, introduced in the 1st
Session of the 37th Parliament and entitled
the Anti-terrorism Act (the ``other Act''),
receives royal assent, then, on the later of
the coming into force of section 107 of this
Act and section 48 of the other Act,
subsection 22(1.1) of the Office of the
Superintendent of Financial Institutions Act
is replaced by the following:
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Disclosure by
Superintenden
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(1.1) Despite subsection (1), subsections
606(1) and 636(1) of the Bank Act, subsection
435(1) of the Cooperative Credit Associations
Act, subsection 672(1) of the Insurance
Companies Act and subsection 503(1) of the
Trust and Loan Companies Act, the
Superintendent may disclose to the Financial
Transactions and Reports Analysis Centre of
Canada established by section 41 of the
Proceeds of Crime (Money Laundering) and
Terrorist Financing Act information relating
to policies and procedures that financial
institutions adopt to ensure their compliance
with Part 1 of the Proceeds of Crime (Money
Laundering) and Terrorist Financing Act.
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124. (1) If Bill C-36, introduced in the 1st
Session of the 37th Parliament and entitled
the Anti-terrorism Act (the ``other Act''),
receives royal assent, then section 109 of
this Act and the heading before it are
replaced by the following:
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2000, c. 17
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PROCEEDS OF CRIME (MONEY LAUNDERING) AND TERRORIST FINANCING ACT |
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109. Section 65 of the Proceeds of Crime
(Money Laundering) and Terrorist
Financing Act is renumbered as subsection
65(1) and is amended by adding the
following:
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Compliance
of persons or
entities
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(2) For the purpose of ensuring compliance
with Part 1, the Centre may disclose to or
receive from any agency or body that
regulates or supervises persons or entities to
whom Part 1 applies information relating to
the compliance of those persons or entities
with that Part.
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Limitation
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(3) Any information disclosed by the Centre
under subsection (2) may be used by an
agency or body referred to in that subsection
only for purposes relating to compliance with
Part 1.
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(2) Subsection (1) comes into force on the
day on which this Act receives royal assent,
but only if that day is after the day on which
section 48 of the other Act comes into force.
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Coming into Force |
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Coming into
force
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125. The provisions of this Act, other than
sections 1 and 116 to 124, and the provisions
of any Act that are enacted by this Act come
into force on a day or days to be fixed by
order of the Governor in Council.
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