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MUTUAL ASSISTANCE IN CRIMINAL MATTERS ACT 1987 - SECT 34R Giving notices to financial institutions

MUTUAL ASSISTANCE IN CRIMINAL MATTERS ACT 1987 - SECT 34R

Giving notices to financial institutions

  (1)   An officer mentioned in paragraph   213(3)(a), (b) or (c) of the Proceeds of Crime Act may give a written notice to a financial institution requiring the institution to provide to an authorised officer any information or documents relevant to any one or more of the following:

  (a)   determining whether an account is held by a specified person with the financial institution;

  (b)   determining whether a particular person is a signatory to an account;

  (c)   if a person holds an account with the institution, the current balance of the account;

  (d)   details of transactions on such an account over a specified period of up to 6 months;

  (e)   details of any related accounts (including names of those who hold those accounts);

  (f)   a transaction conducted by the financial institution on behalf of a specified person.

  (2)   The officer must not issue the notice unless he or she reasonably believes that giving the notice is required:

  (a)   to determine whether to take any action under this Division, or under the Proceeds of Crime Act in connection with the operation of this Division; or

  (b)   in relation to proceedings under this Division, or under the Proceeds of Crime Act in connection with the operation of this Division.