Section 5: Asset Recovery Investigation Division

5. Asset Recovery Investigation Division (1) There is set up, within FIU, an Asset Recovery Investigation Division which shall, with the approval of the Director, consist of such law enforcement agents as the Secretary to the Cabinet or, as the case may be, the controlling body of a statutory corporation, may designate, one of whom shall be designated by the Director to be the Chief Investigating Officer. (2) A law enforcement agent shall have and exercise, for the purposes of this Act, such powers and duties as the Enforcement Authority may determine, and shall be responsible for conducting an Investigation under the supervision of the Chief Investigating Officer who shall submit the conclusions of ARID to the Enforcement Authority. [Issue 10] A23A – 6 Revised Laws of Mauritius (2A) In furtherance of the functions of FIU under this Act, the Director shall consult with, and seek such assistance from, such persons in Mauritius concerned with combating money laundering, including law officers, the Police and other Government agencies and such persons representing banks, financial institutions, cash dealers and members of the relevant professions or occupations, as FIU considers desirable. (3) (a) No person shall, without the written authorisation of the Enforcement Authority, disclose to any other person any information or material which comes to his knowledge in the performance of his duties under this Act, except— (i) for the purpose of performing his functions under this Act; or (ii) where he is required to do so by a Court. (b) Any person who contravenes paragraph (a) shall commit an offence. [S. 5 amended by s. 6 of Act 24 of 2012 w.e.f. 10 November 2012; s. 5 of Act 29 of 2015 w.e.f. 26 January 2016.] continued on page A23A – 7 A23A – 6 (1) [Issue 10] Revised Laws of Mauritius