Document ID: chunk:federal_register_of_legislation:C2004A04263:body:0:p2
Version: federal_register_of_legislation:C2004A04263
Segment Type: other
Provision Reference: 
Character Range: 2578–5513

perform other duties in respect of, disembarking passengers and for such passengers to collect personal baggage—

         as soon as the person reaches the place in that area at which customs officers examine personal baggage or, if the person does not go to that place, when the person leaves that area; or

         (b) in any other case—the first opportunity after arrival in Australia that the person has to give the report under this section.

      "(7C) For the purposes of paragraph (7A)(a), the time at which currency is taken out of Australia by a person is:

         (a) if the person:

           (i) transfers the currency out of Australia when a passenger on an aircraft or ship; and

           (ii) before embarking, goes through an area set apart for customs officers to examine the passports of, and perform other duties in respect of, embarking passengers—

         when the person is at the place in that area at which customs officers examine passports; or

         (b) in any other case—as soon as the person reaches the customs officer who is to examine the person's passport in relation to the person leaving Australia or, if there is no such examination, the last opportunity before leaving Australia that the person has to give the report under this section.";

    (b) by inserting after subsection (8) the following subsections:

      "(8A) For the purposes of this section, if a person:

         (a) arranges to leave Australia as a passenger on an aircraft or ship; and

         (b) for the purpose of leaving Australia, goes towards an aircraft or ship through an area described in paragraph (7C)(a); and

         (c) either:

           (i) takes currency into that area; or

           (ii) has currency in his or her personal baggage; and

         (d) does not give a report about the currency when at the place described in that paragraph;

      the person is taken to have transferred the currency out of Australia.

      "(8B) Subparagraph (8A)(c)(i) does not apply to an amount of currency if the person:

         (a) informs a customs officer at the place described in paragraph (7C)(a) of an intention to spend that amount before embarking; and

         (b) spends that amount before embarking.".

Reports of suspect transactions

8. Section 16 of the Principal Act is amended by inserting in subsection (1) "or 3" after "Division 1".

9. After section 17A of the Principal Act the following Division is inserted:

"Division 3—Reports of international funds transfer instructions

Reports of international funds transfer instructions

"17B.(1) If:

    (a) a cash dealer in Australia is:

         (i) the sender of an international funds transfer instruction transmitted out of Australia; or

         (ii) the recipient of an international funds transfer instruction transmitted into Australia; and

    (b) at least one of the following applies:

         (i) the cash dealer is