Document ID: chunk:federal_register_of_legislation:C2025C00044:section:172a
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 172A
Character Range: 397772–398989

172A  Power of AUSTRAC CEO to obtain information and documents
 (1) This section applies if the AUSTRAC CEO believes on reasonable grounds that a person has information or a document that is relevant to:
 (a) compliance with this Act, the regulations or the AML/CTF Rules; or
 (b) an offence against the Crimes Act 1914 or the Criminal Code that relates to this Act, the regulations or the AML/CTF Rules.
 (2) The AUSTRAC CEO may, by written notice given to the person, require the person:
 (a) to produce to the AUSTRAC CEO, within the period and in the manner specified in the notice, any such documents; or
 (b) to appear before an examiner at the time and place specified in the notice:
 (i) for examination under this Division, on oath or affirmation and to answer questions; and
 (ii) to produce any such documents.
 (3) The notice must:
 (a) if paragraph (2)(b) applies—state the general nature of the matter to which the questions will relate; and
 (b) in any case set out the effect of subsections (4) and 172F(1).
 (4) A person commits an offence if the person intentionally or recklessly fails to comply with a notice under subsection (2).
Penalty: Imprisonment for 2 years or 100 penalty units, or both.