Document ID: chunk:federal_register_of_legislation:C2025C00034:clause:1_13
Version: federal_register_of_legislation:C2025C00034
Segment Type: clause
Provision Reference: sch 1 cl 13
Character Range: 601208–602867

13  Contents of notices to financial institutions
 (1) The notice must:
 (a) state that the official giving the notice believes that the notice is required:
 (i) to determine whether to take any action under the *unexplained wealth legislation of the State or Territory; or
 (ii) in relation to proceedings under the unexplained wealth legislation of the State or Territory; and
 (b) specify the name of the *financial institution; and
 (c) specify the kind of information or documents required to be provided; and
 (d) specify the form and manner in which that information or those documents are to be provided, having regard to the record‑keeping capabilities of the financial institution (to the extent known to the official); and
 (e) specify that the information or documents must be provided no later than:
 (i) 14 days after the giving of the notice; or
 (ii) if the official giving the notice believes that it is appropriate, having regard to the matters specified in subclause (2), to specify an earlier day that is at least 3 days after the giving of the notice—that earlier day; and
 (f) if the notice specifies that information about the notice must not be disclosed—set out the effect of clause 16 (disclosing existence or nature of a notice); and
 (g) set out the effect of clause 17 (failing to comply with a notice).
 (2) The matters to which the official giving the notice must have regard in deciding whether to specify an earlier day under subparagraph (1)(e)(ii) are:
 (a) the urgency of the situation; and
 (b) any hardship that may be caused to the *financial institution required by the notice to provide the information or documents.