Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purpose of an investigation under this Part:
(a) if the investigation is by APRA--an authorised person; or
(b) if APRA has appointed an inspector for the investigation--the inspector;
may, with the consent of the occupier of any premises, enter the premises for the purpose of searching for, inspecting, taking extracts from and making copies of any books containing information relevant to the investigation.
(2) If APRA believes on reasonable grounds that there are, on any premises, books containing information relevant to an investigation under this Part by APRA, an authorised person may apply to a Magistrate for a warrant under subsection (4).
(3) If an inspector believes on reasonable grounds that there are, on any premises, books containing information relevant to an investigation under this Part by the inspector, the inspector may apply to a Magistrate for a warrant under subsection (4).
(4) If, on an application under subsection (2) or (3), the Magistrate is satisfied by information on oath or affirmation:
(a) that there are, on the premises, books containing information relevant to the investigation; and
(b) that the issue of the warrant is reasonably required for the purposes of the investigation;
the Magistrate may grant a warrant authorising the authorised person or inspector, with such assistance as the authorised person or inspector thinks necessary, to enter the premises, during such hours of the day or night as the warrant specifies or, if the warrant so specifies, at any time, and if necessary by force, for the purpose of searching for, inspecting, taking extracts from and making copies of any such books.
(5) If the authorised person or inspector has entered premises in accordance with subsection (1) or a warrant under subsection (4), he or she may search for, inspect, take extracts from and make copies of any books containing information relevant to the investigation.