Northern Territory Consolidated Acts

FINANCIAL TRANSACTION REPORTS ACT - SECT 5

    (1)     This section applies if a cash dealer communicates information to the AUSTRAC CEO under section 16(1) or (1A) of the FTR Act.

    (2)     A designated authority may request the cash dealer to give to the designated authority the further information as stated in the request.

    (3)     The further information must be information that:

        (a)     may be relevant to the investigation of, or prosecution of a person for, an offence against a law of the Territory; or

        (b)     may be of assistance in the enforcement of the Criminal Property Forfeiture Act .

    (4)     The cash dealer must comply with the request to the extent that the cash dealer has the further information.

Maximum penalty:     85 penalty units or imprisonment for 2 years.