220Contents of monitoring orders

220 Contents of monitoring orders

(1) A *monitoring order must: (a) specify the name or names: (i) in which the *account is believed to be held; or (ii) of the person to whom the *stored value card was issued; and (b) specify the kind of information that the *financial institution is required to provide; and (c) specify the period during which the transactions must have occurred; and (d) specify to which *enforcement agency the information is to be provided; and (e) specify the form and manner in which the information is to be given; and (f) if the order specifies that information about the order must not be disclosed—set out the effect of section 223 (disclosing existence or operation of an order); and (g) set out the effect of section 224 (failing to comply with an order). (2) The period mentioned in paragraph (1)(c) must: (a) begin no earlier than the day on which notice of the *monitoring order is given to the *financial institution; and (b) end no later than 3 months after the date of the order.