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

72   Subsections 199(8), (9) and (10)

Repeal the subsections, substitute:

(8) A police officer or a customs officer may, with such assistance as is reasonable and necessary:

(a) board a ship or aircraft; or

(b) examine or search the ship or aircraft, and any goods found on the ship or aircraft;

for the purpose of finding out whether there is at or in the place, or in the goods:

(c) any physical currency in respect of which a report under section 53 is required; or

(d) any physical currency that may be of interest under subsection (14).

Entry to eligible places

(9) A police officer or a customs officer may, with such assistance as is reasonable and necessary:

(a) go onto or enter any eligible place; and

(b) examine the place, and any goods found at or in it;

for the purpose of finding out whether there is at or in the place, or in the goods:

(c) any physical currency in respect of which a report under section 53 is required; or

(d) any physical currency that may be of interest under subsection (14).

Seizure

(10) A police officer or a customs officer may seize physical currency found in the course of an examination or search under subsection (8) or (9) if:

(a) the police officer or customs officer has reasonable grounds to suspect that the physical currency may afford evidence as to the commission of an offence against section 53; or

(b) the police officer or customs officer has reasonable grounds to suspect that the physical currency may be of interest under subsection (14).


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