Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 (130 of 2017)

Schedule 1   Amendments

Part 5   Investigation and enforcement

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

68   Subsection 199(3)

Repeal the subsection, substitute:

Powers of examination and search

(3) A police officer or a customs officer may, with such assistance as is reasonable and necessary, examine an article which a person has with him or her if:

(a) the person:

(i) is about to leave Australia or has arrived in Australia; or

(ii) is about to board or leave, or has boarded or left, any ship or aircraft; and

(b) either:

(i) the officer is seeking to find out whether the person has with him or her any physical currency in respect of which a report under section 53 is required; or

(ii) the officer has reasonable grounds to suspect that the person has with him or her any physical currency that may be of interest under subsection (14).