Commonwealth Numbered Acts

CRIMES LEGISLATION AMENDMENT ACT 1992 No. 164 of 1992 - SECT 14

14. Section 23 of the Principal Act is amended:

   (a)  by omitting subsections (1), (1A) and (2) and substituting the
        following subsection:

"(1) If a cash dealer makes or obtains a record of any information in the
course of obtaining account information or signatory information, the cash
dealer must retain the record or a copy of it for 7 years after the day on
which the relevant account is closed.";

   (b)  by omitting from subsection (3) ", (1A) or (2)";

   (c)  by omitting subsections (4) and (4A) and substituting the following
        subsection:

"(4) If any information is part of the account information or signatory
information of more than one account with the cash dealer, subsection (1)
applies as if the reference to the day on which the account is closed were a
reference to the day on which the last of those accounts is closed.";

   (d)  by omitting from subsection (5) ", (1A) or (2)";

   (e)  by omitting from subsection (6) "Subsections (1), (1A) and (2) do" and
        substituting "Subsection (1) does";

   (f)  by omitting from subsection (7) ", (1A) or (2)".