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Guidance provided to the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.

The High Court of Australia recently found Westpac liable for defamation for dishonouring 30 cheques when there were sufficient funds to cover them. However, the Court divided 3-2 over whether the defence of qualified privilege applied, with the majority holding that it did not. This Brief Counsel analyses the Australian decision and its potential impact on New Zealand law.