Financial Intermediaries Act 1996
sec.37Powers supporting seizure
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sec.37 Powers supporting seizure
Having seized a thing, an inspector may— move the thing from the place where it was seized (the place of seizure ); or leave the thing at the place of seizure but take reasonable action to restrict access to it. Sealing a thing and marking it to show access to it is restricted. Sealing the entrance to a room where the seized thing is situated and marking it to show access to it is restricted. If an inspector restricts access to a seized thing, a person must not tamper, or attempt to tamper, with the thing or something restricting access to the thing without an inspector’s approval. Maximum penalty for subsection (2) —80 penalty units. (sec.37-ssec.1) Having seized a thing, an inspector may— move the thing from the place where it was seized (the place of seizure ); or leave the thing at the place of seizure but take reasonable action to restrict access to it. Sealing a thing and marking it to show access to it is restricted. Sealing the entrance to a room where the seized thing is situated and marking it to show access to it is restricted. (sec.37-ssec.2) If an inspector restricts access to a seized thing, a person must not tamper, or attempt to tamper, with the thing or something restricting access to the thing without an inspector’s approval. Maximum penalty for subsection (2) —80 penalty units.
- (a) move the thing from the place where it was seized (the place of seizure ); or
- (b) leave the thing at the place of seizure but take reasonable action to restrict access to it. Examples of restricting access to a thing— 1 Sealing a thing and marking it to show access to it is restricted. 2 Sealing the entrance to a room where the seized thing is situated and marking it to show access to it is restricted.
- 1 Sealing a thing and marking it to show access to it is restricted.
- 2 Sealing the entrance to a room where the seized thing is situated and marking it to show access to it is restricted.
- 1 Sealing a thing and marking it to show access to it is restricted.
- 2 Sealing the entrance to a room where the seized thing is situated and marking it to show access to it is restricted.