Further information about suspect transactions not reported under FMR Act or AMLCTF Act
6A Further information about suspect transactions not reported under FMR Act or AMLCTF Act
(1) This section applies if a cash dealer communicates information to the AUSTRAC CEO under section 6(2).
(2) A designated authority may request the cash dealer to give to the designated authority the further information as stated in the request.
The further information must be information that:
(a) may be relevant to the investigation of, or prosecution of a person for, an offence against a law of the Territory; or
(b) may be of assistance in the enforcement of the Criminal Property Forfeiture Act 2002.
(4) The cash dealer must comply with the request to the extent that the cash dealer has the further information.
Maximum penalty: 85 penalty units or imprisonment for 2 years.
This Act’s bill:Second reading speech
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