Australian Capital Territory Numbered Acts

CONFISCATION OF CRIMINAL ASSETS ACT 2003 (NO. 8 OF 2003) - SECT 153

    (1)     A police officer may apply to a relevant court for a transaction suspension order.

    (2)     The application may be made only if the police officer has reasonable grounds for suspecting that—

        (a)     the person in relation to whom the order is sought—

              (i)     has committed, or is about to commit, a money laundering offence; or

              (ii)     was involved in the commission, or is about to be involved in the commission, of a money laundering offence; or

              (iii)     has derived, or is about to derive, property or a benefit from the commission of a money laundering offence; and

        (b)     the account in relation to which the order is sought is operated by, or under the effective control of, the person.

Note 1     For the meaning of effective control , see s 14.

Note 2     A money laundering offence includes a prescribed offence against a law of the Commonwealth, a State or another Territory, see dict.

Note 3     For the meaning of in relation to , see dict.

    (3)     To remove any doubt, the application may be made in relation to 2 or more accounts.