Further information or documents about matters reported by reporting entities under AMLCTF Act
6A Further information or documents about matters reported by reporting entities under AMLCTF Act
This section applies if a reporting entity communicates information to the AUSTRAC CEO under section 41, 43 or 45 of the AMLCTF Act.
A designated authority may give a written notice to the reporting entity requesting the reporting entity, within the period and in the way stated in the notice, to—
give to the designated authority the further information stated in the notice; or
produce to the designated authority the documents about the matter to which the communication under section 41, 43 or 45 of the AMLCTF Act relates that are stated in the notice.
The further information or documents must be information or documents that—
may be relevant to the investigation of, or prosecution of a person for, an offence against the law of the State; or
may be of assistance in the enforcement of the Criminal Proceeds Confiscation Act 2002.
The reporting entity must comply with the request to the extent that the reporting entity has the further information or documents.Maximum penalty for subsection (4)—400 penalty units or imprisonment for 2 years.
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