Western Australian Consolidated Acts Western Australian Consolidated Acts Where a person duly
authorised under the Fair Trading Act 2010 to make an investigation or
inquiry for the purposes of that Act, or this Act, has reasonable cause to
believe that a settlement agent has deposited any money with a bank or other
financial institution, whether in an account in the name of the settlement
agent or in some other account, he or she may by notice in writing addressed
to the manager or other officer for the time being in charge of the bank or
other institution concerned and nominating the accounts to be examined,
require that those accounts be disclosed to him or her, and the manager or
other officer for the time being in charge of the bank or other institution
named in the requisition shall without requiring any warrant other than the
production of the credentials under the Fair Trading Act 2010 of that
authorised person, whether or not the person in whose name the account is held
consents, and notwithstanding any law, or rule of law, or contractual
obligation to the contrary, permit the authorised person to inspect, and make
and take away with him or her a copy or extract of, the nominated accounts and
any book, document, or other record that relates to the accounts and is in the
possession or control of that bank or other institution.
[Section 81 inserted by No. 58 of 2010 s. 150.]