Financial Transaction Reports Act 1988

PART IVA - POWERS OF INSPECTION  

SECTION 27B   IDENTITY CARDS  

27B(1)    

The AUSTRAC CEO must cause each authorised officer to be issued with an identity card in a form approved by the AUSTRAC CEO and bearing a recent photograph of the officer.

27B(2)    

A person who ceases to be an authorised officer must, as soon as practicable, return his or her identity card to the AUSTRAC CEO.

27B(3)    
A person must not fail to comply with subsection (2).

27B(4)    

A person who contravenes subsection (2) or (3) commits an offence against this subsection punishable, upon conviction, by a fine of not more than 1 penalty unit.

27B(4A)    
Subsections (3) and (4) do not apply if the person has a reasonable excuse.

Note:

A defendant bears an evidential burden in relation to the matter in subsection (4A) (see subsection 13.3(3) of the Criminal Code ).

27B(4B)    
Subsection (4) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .

27B(5)    
An authorised officer is not entitled to exercise any powers under this Part in relation to premises if:

(a) the occupier of the premises has required the officer to produce his or her identity card for inspection by the occupier; and

(b) the officer fails to comply with the requirement.