Document ID: chunk:federal_register_of_legislation:C2006C00754:clause:9_24f
Version: federal_register_of_legislation:C2006C00754
Segment Type: clause
Provision Reference: sch 9 cl 24F
Character Range: 217921–219745

24F  Register of Providers of Remittance Services

 (1) The Director must maintain a register, to be known as the Register of Providers of Remittance Services, in which the Director is to include:
 (a) the names; and
 (b) prescribed particulars;
of cash dealers who carry on a business mentioned in subparagraph (k)(ib) or paragraph (l) of the definition of cash dealer.

 (2) The register may be maintained by electronic means.

Requirement to provide name and prescribed particulars

 (3) For the purposes of ensuring that the register is accurate and complete, if:
 (a) an authorised officer has reason to believe that a person carries on a business mentioned in subparagraph (k)(ib) or paragraph (l) of the definition of cash dealer; and
 (b) the Director does not have the name, and all prescribed particulars, of the person;
the authorised officer:
 (c) may, either orally or in writing, require the person to give the authorised officer the person's name and all prescribed particulars; and
 (d) if paragraph (c) applies—must, either orally or in writing, inform the person of the effect of subsection (4).

Offence

 (4) A person commits an offence if:
 (a) the person is required to give information under paragraph (3)(c); and
 (b) the person fails to give the information within 14 days after the day on which the request for information is made.

Penalty: Imprisonment for 2 years.

Note: Subsection 4B(2) of the Crimes Act 1914 allows a court to impose in respect of an offence an appropriate fine instead of, or in addition to, a term of imprisonment. If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine of an amount that is not greater than 5 times the maximum fine that could be imposed by the court on an individual convicted of the same offence.