Print Options

The principal enactment is amended by the substitution for section 39 of


The Minister may by legislative instrument make Regulations

(a) on the types of financial and other related services which may not be provided to proscribed specified entities;

(b) to specify the reporting procedures required of accountable institutions including directing accountable institutions to report suspicious or unusual transactions to the Financial Intelligence Centre;

(c) to instruct accountable institutions to verify, identify and maintain records;

(d) on the provision of information relating to passengers on vessels or aircraft or any other means of transport and persons entering or leaving the country and specifying the foreign states to which the information may be provided;

(e) to amend the Schedule; and

           (f) generally to provide for the effective implementation of the provisions of this Act".