South Australian Current Acts South Australian Current Acts160—Giving notices to financial institutions
(1) A police officer
of or above the rank of Superintendent may give a written notice to a
financial institution requiring the institution to provide to an
authorised officer any information or documents relevant to any of the
following:
(a)
determining whether an account is held by a specified person with the
financial institution;
(b)
determining whether a specified person is a signatory to an account;
(c) if a
person holds an account with the institution—the current balance of the
account;
(d)
details of transactions on such an account over a specified period of up to
6 months;
(e)
details of any related accounts (including names of those who hold those
accounts);
(f) a
transaction conducted by the financial institution on behalf of a specified
person.
(2) A notice
must—
(a)
state that the police officer believes that the notice is required—
(i)
to determine whether to take any action under this Act;
or
(ii)
in relation to proceedings under this Act; and
(b)
specify the name of the financial institution; and
(c)
specify the information or documents required to be provided; and
(d)
specify the form and manner in which the information or documents are to be
provided; and
(e)
state that the information or documents must be provided within 14 days of the
notice; and
(f) if
the notice specifies that information about the notice must not be
disclosed—set out the effect of section 163; and
(g) set
out the effect of section 164.
(3) The police officer
must not issue the notice unless the officer reasonably believes that giving
the notice is required—
(a) to
determine whether to take any action under this Act; or
(b) in
relation to proceedings under this Act.