Financial Transaction Reports Act 1988 (Repealed)
View history note
Hide history noteThis section applies if an authorised officer is given access to business premises of a solicitor, a solicitor corporation or a partnership of solicitors in compliance with a notice under section 27E .
27D(2) [Compliance]For the purpose of monitoring compliance by the solicitor, corporation or partnership with section 15A , the officer may inspect:
(a) any records kept at, or accessible from, the premises that relate to the obligations of the solicitor, corporation or partnership under that section; and
(b) any system used by the solicitor, corporation or partnership at the premises for keeping those records; and
(c) any reports retained at, or accessible from, the premises under that section; and
(d) any system used by the solicitor, corporation or partnership in connection with:
(i) preparing reports under that section; or
(ii) sending such reports to the AUSTRAC CEO; or
(iii) retaining such reports.
An authorised officer who is empowered under this section to inspect records or reports of a solicitor, a solicitor corporation or a partnership of solicitors may also receive or make copies of, or take extracts from, those records or reports.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
