No. A cash-in-transit function on your Queensland Class 1 security provider licence does not itself authorise you to carry a firearm. To work as an armed security guard, you must complete the additional approved firearms training and successfully obtain a Security Licence (Guard) through Queensland Police Service Weapons Licensing.

To apply for that licence, you must have a current OFT security provider licence with the cash-in-transit function endorsed on it. A Security Licence (Guard) is an occupational licence – it authorises possession and use of the endorsed weapon while actually performing security guard duties that reasonably require the weapon. For an employee, the firearm must be issued by the licensed security organisation during the shift.

The legislation specifically gives escorting cash or valuables as an example of duties that may reasonably require possession of a firearm. It is not a general firearms licence that allows you to carry a firearm whenever you like, and QPS specifically states that the employee licence does not authorise you to acquire a firearm.

In simple terms, you don't strap on the firearm and then go shopping at lunchtime or wash the boss's car. You may possess it only while actually performing authorised security guard duties that reasonably require it. Cash-in-transit is therefore an important step towards becoming an armed guard, but it is only one part of the licensing pathway.