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Banking Act 1959
62AALegal professional privilege
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#### 62AA Legal professional privilege
(1) This section applies if:
(a) under this Act, a person requires a lawyer;
(i) to give information; or
(ii) to produce a book, account or document; and
(b) either:
(i) giving the information would involve disclosing; or
(ii) the book, account or document contains;
a privileged communication made by, or on behalf of or to the lawyer in his or her capacity as a lawyer.
(2) The lawyer is entitled to refuse to comply with the requirement unless:
(a) if the person to whom, or by or on behalf of whom, the communication was made is a body corporate that is under administration or is being wound up—the administrator or the liquidator of the body; or
(b) otherwise—the person to whom, or by or on behalf of whom, the communication was made;
consents to the lawyer complying with the requirement.
(3) If the lawyer so refuses, he or she must, as soon as practicable, give to the person who made the requirement a written notice setting out:
(a) if the lawyer knows the name of the person to whom, or by or on behalf of whom, the communication was made—that name and address; and
(b) if subparagraph (1)(a)(i) applies and the communication was made in writing—sufficient particulars to identify the document containing the communication; and
(c) if subparagraph (1)(a)(ii) applies—sufficient particulars to identify the book, account or document, or the part of the book, account or document, containing the communication.
(4) A person commits an offence if he or she refuses or fails to comply with a requirement under this section.
Penalty: 30 penalty units.