12.5.1 Disclosure of information to a financial institution
Information disclosure
Despite any law (whether written or unwritten) in a state or territory, a financial institution may give the Secretary information about a person who is subject to the enhanced income management regime and the information is relevant to the operation of the enhanced income management regime.
If a financial institution discloses information about a person in the above circumstances, the Secretary may also disclose information about the person to the financial institution for the purpose of the performance of its functions or the exercise of its powers.