Financial Transaction Reports Act 1993
6Further information about matters reported by cash dealers under FTR Act
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6 Further information about matters reported by cash dealers under FTR Act
(1) [Section 6 Subsection (1) substituted by No. 61 of 2013, s. 6, Applied:01 Mar 2014] This section applies if a cash dealer communicates information to the AUSTRAC CEO under section 16(1) or (1A) of the FTR Act.
(1A) [Section 6 Subsection (1A) inserted by No. 61 of 2013, s. 6, Applied:01 Mar 2014] A designated authority may request the cash dealer to give to the designated authority the further information stated in the request.
(2) [Section 6 Subsection (2) amended by No. 61 of 2013, s. 6, Applied:01 Mar 2014] The further information must be information that–
(a) may be relevant to the investigation of, or prosecution of a person for, an offence against the law of the State; or
(b) may be of assistance in the enforcement of the Crime (Confiscation of Profits) Act 1993 .
(3) The cash dealer must comply with the request to the extent that the cash dealer has the further information.
Penalty: Fine not exceeding 400 penalty units or imprisonment for a term not exceeding 2 years, or both.