(1) For the purposes of a criminal investigation in the State, a member of the Garda Síochána not below the rank of inspector may apply ex parte and otherwise than in public to a judge of the High Court for an account information order or an account monitoring order or for both of those orders.
(2) The application may relate to -
(a) all financial institutions in the State or the designated state concerned,
(b) a category or categories of such financial institutions, or
(c) a particular such financial institution or particular such financial institutions.
(3) The judge may make the order or orders applied for in relation to the financial institution or financial institutions specified in the application if satisfied that -
(a) the Garda Síochána are investigating whether a specified person -
(i) has committed an offence, or
(ii) is in possession or control of assets or proceeds deriving from criminal conduct,
and
(b) there are reasonable grounds for believing -
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