6Making of requests

6 Making of requests

(1) A foreign regulator, for purposes relating to the administration or enforcement of a foreign business law, may request a Commonwealth regulator to arrange for: (a) the obtaining from a person of information, documents or evidence specified in the request or relating to a matter specified in the request; and (b) transmitting such information, evidence or copies of such documents to the foreign regulator. (2) The Commonwealth regulator must not take action under section 7 in relation to the request unless the Commonwealth regulator has received in writing from the foreign regulator: (a) an undertaking by the foreign regulator to the effect that information or evidence obtained from the person and provided to the foreign regulator under this Act: (i) will not be used for the purposes of criminal proceedings against the person or of proceedings against the person for the imposition of a penalty; and (ii) to the extent to which it is within the ability of the foreign regulator to ensure it, will not be used by any other person, authority or agency for the purposes of any such proceedings; and (b) such information in relation to the request as is required by the regulations.