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
74 After subsection 200(13)
Insert:
(13A) A police officer or customs officer may seize a bearer negotiable instrument if:
(a) the bearer negotiable instrument:
(i) is produced to a police officer or a customs officer under subsection (1) or (2); or
(ii) is found by a police officer or a customs officer in the course of an examination under subsection (4), (5), (6), (7), (8) or (9); and
(b) the police officer or customs officer has reasonable grounds to believe that the bearer negotiable instrument:
(i) may be relevant to the investigation of, or prosecution of a person for, an offence against a law of the Commonwealth or of a State or Territory; or
(ii) may be of assistance in the enforcement of the Proceeds of Crime Act 2002 or regulations under that Act; or
(iii) may be of assistance in the enforcement of a law of a State or Territory that corresponds to the Proceeds of Crime Act 2002 or regulations under that Act.