69Making of monitoring orders

#### 69 Making of monitoring orders 69 Making of monitoring orders > > (1) The Supreme Court shall not make a monitoring order unless satisfied that there are reasonable grounds for suspecting that the person in respect of whose account the information is sought— > > > > > (a) has committed, or is about to commit, a serious drug offence, or > > > > > (b) was involved in the commission, or is about to be involved in the commission, of such an offence, or > > > > > (c) has benefited directly or indirectly, or is about to benefit directly or indirectly, from the commission of such an offence. > > > (2) A monitoring order shall specify— > > > > > (a) the name or names in which the account is believed to be held, and > > > > > (b) the kind of information that the institution is required to give, and > > > > > (c) the prescribed authority to which the information is to be given, and > > > > > (d) the manner in which the information is to be given. > > > (3) If a financial institution is, or has been, subject to a monitoring order, the fact that the monitoring order has been made shall be disregarded for the purposes of the application of Part 4AC of the [Crimes Act 1900](/view/html/inforce/current/act-1900-040) in relation to the institution. > > > (4) A financial institution that has been given notice of a monitoring order shall not knowingly— > > > > > (a) contravene the order, or > > > > > (b) provide false or misleading information in purported compliance with the order. > > > > Maximum penalty—1,000 penalty units. > > **s 69:** Am 2005 No 73, Sch 1 \[73\]; 2009 No 99, Sch 4.1.