Australian Capital Territory Current Acts

CONFISCATION OF CRIMINAL ASSETS ACT 2003 - SECT 152

    (1)     In this Act:

"transaction suspension order" means an order under section 155 (Transaction suspension orders—making) requiring a financial institution, on becoming aware of a transaction (including a proposed transaction) to be conducted through a stated account, to—

        (a)     immediately tell a police officer about the transaction; and

        (b)     delay the processing of the transaction for 48 hours after the institution becomes aware of the transaction.

    (2)     In this section:

"account" does not include a safe-deposit box.