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The principal enactment is amended by the insertion of a Schedule

"Schedule (section 40)

Accountable institutions

1. An entity which is a bank or a non-bank financial institution which carries on any of the following activities:

(a) Accepting deposits of money from the public, repayable on demand or otherwise and withdrawable by cheque, draft, orders or by any other means;

(b) Financing, whether in whole or in part or by way of short, medium or long term loans or advances of trade, industry, commerce or agriculture;

(c) The issue and administration of means of payment including credit cards, travellers' cheques, bankers' drafts and other financial instruments;

(d) The trade in foreign exchange, currency market instruments or transferable securities;

(e) Securities portfolio management and advice concerned with the portfolio management;

(f) Dealing in shares, stocks, bonds or other securities;

(g) Leasing, letting or delivering goods to a hirer under a hire purchase agreement;

(h) The conduct of any business;

(i) The collection of money or acceptance of employer contributions and payment from these funds of legitimate claims for retirement benefits; and

(j) Any other business activities that the Bank of Ghana may prescribe or recognize as being part of banking business;

2. Auctioneers

3. Lawyers

4. Notaries

5. Accountants

6. Religious bodies

7. Non-governmental organizations

8. A person whose business or a principal part of whose business consists of providing financial services that involve the remittance or exchange of funds including

(i) Money transfer organizations; and

(ii) Mobile money or branchless banking transfer companies

9. Operators of games of chance

10. A company carrying on insurance business within the meaning of the Insurance Act, 2006 (Act 724).

11. A real estate company or agent, only to the extent that the real estate company or agent receives funds in the course of the business of the agent to settle real estate transactions.

12. Dealers in precious metals and precious stones

13. Dealers in motor vehicles

14. Trust and company service providers

15. Dealers in oil and gas

16. Freight forwarders

17. Mining companies

18. Timber operators."