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Proceeds of Crime (Consequential Amendments and Transitional Provisions) Act 2002
40NTransferor ADI may give documents to transferee ADI
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##### 40N Transferor ADI may give documents to transferee ADI
An ADI (the transferor ADI) may give the original and copies of a document (the second document) relating to an account to another ADI (the transferee ADI) if:
(a) the transferor ADI has given another document (the first document) relating to the same account to the transferee ADI in accordance with section 40K; and
Note: Paragraph 40K(1)(c) requires the document to have been given during a 120‑day period.
(b) the second document is in the transferor ADI’s possession in fulfilment of an obligation imposed on it by section 40F, subsection 40G(1) or section 40H or 40J; and
(c) the second document relates to a closed account; and
(d) the transferor ADI and the transferee ADI agree in writing that the second document should be given by the transferor ADI to the transferee ADI within the 120‑day period relating to the giving of the first document.