Anti-Money Laundering and Countering the Financing of Terrorism Act No. 13 of 2009.
Country
Type of law
Legislation
Abstract
This Act lays down provisions on the establishment and functions of the Financial Intelligence Unit, and on the procedures and principles for the prosecution of money laundering, terrorist financing and other financial crimes, and legal proceedings for all serious offences. First Schedule lists serious offences, including corruption and environmental crimes.
Attached files
Web site
Long title of text
An Act to provide for the establishment and management of a Financial Intelligence Unit; to provide for unlawful proceeds of all serious offences to be identified, traced, frozen, seized and forfeited; to provide for comprehensive powers for the prosecution of money laundering, terrorist financing and other financial crimes; and the forfeiture of the proceeds of crime and terrorist property; to require reporting entities to take preventive measures to help combat money laundering and terrorist financing; to provide for civil forfeiture of assets and for matters connected therewith.
Date of text
Entry into force notes
This Act enters into force on the day it is appointed by the Ministerial Order.
Repealed
No
Source language
English
Legislation Amendment
No