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Version date: 2 December 2018 - 2 June 2021
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Article 7 Temporary detention of cash by competent authorities

1. The competent authorities may temporarily detain cash by means of an administrative decision in accordance with the conditions laid down in national law where:

(a) the obligation to declare accompanied cash under Article 3 or the obligation to disclose unaccompanied cash under Article 4 has not been fulfilled; or

(b) there are indications that the cash, irrespective of the amount, is related to criminal activity.

2. The administrative decision referred to in paragraph 1 shall be subject to an effective remedy in accordance with procedures provided for in national law. The competent authorities shall notify a statement of reasons for the administrative decision to:

(a) the person required to make the declaration in accordance with Article 3 or the disclosure declaration in accordance with Article 4; or

(b) the person required to provide the information in accordance with Article 6(1) or (2).

3. The period of temporary detention shall be strictly limited under national law to the time