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Section 29C: Annual report

Financial Intelligence and Anti-Money Laundering Act · PART VIA: ACCOUNTS, AUDIT AND ANNUAL REPORT

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

29C. Annual report (1) The FIU shall cause to be prepared an annual report. (2) The annual report under subsection (1) shall consist of— (a) the financial statements in respect of the financial year, prepared in compliance with the International Public Sector Accounting Standards (IPSAS) issued by IFAC; (b) a report on the activities of the FIU, its outcomes and outputs together with information on its key performance indicators, during the financial year; and (c) a corporate governance report in accordance with the National Code of Corporate Governance. (3) The Director shall be responsible for the proper and timely performance of the requirements of this section. [S. 29C inserted by s. 17 (k) of Act 27 of 2013 w.e.f. 1 January 2014.]

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