Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If an authorised officer has been authorised under section 34ZG of this Act in relation to a request by a foreign country, the authorised officer may apply for a monitoring order under the Proceeds of Crime Act in relation to the foreign serious offence that is the subject of the request, so long as the foreign serious offence is:
(a) an offence punishable by imprisonment for 3 or more years that:
(i) involves unlawful conduct relating to a narcotic substance; or
(ii) is a money laundering offence; or
(iii) involves unlawful conduct by a person that causes, or is intended to cause, a benefit to the value of at least $10,000 for that person or another person; or
(iv) involves unlawful conduct by a person that causes, or is intended to cause, a loss to the foreign country in question or another person of at least $10,000; or
(b) an offence involving the smuggling of migrants; or
(c) an offence involving failure to report financial transactions; or
(d) a cartel offence; or
(e) an offence involving terrorism; or
(f) an ancillary offence in respect of an offence referred to in paragraph (a), (b), (c), (d) or (e).
(2) Part 3 - 4 of the Proceeds of Crime Act applies to the application, and to any monitoring order made as a result.
(3) It applies as if:
(a) references in that Part to a serious offence were references to an offence of the kind referred to in paragraph (1)(a), (b), (c), (d), (e) or (f); and
(b) disclosing the existence or the operation of the order for the purpose of complying with a person's obligations under section 34Z of this Act were a purpose specified in subsection 223(4) of the Proceeds of Crime Act.