16. Disclosure to foreign institutions and agencies

The Financial Intelligence Unit may disclose any report or information to an institution or agency of a foreign state or of an international organization or body or other institution or agency established by the Government of a foreign State that has powers and duties similar to those of the Financial Intelligence Unit on such terms and conditions as are set out in the agreement or arrangement between

Financial Intelligence Unit and an institution, agency or organization or authority regarding the exchange of such information under section 17.