Section 14FB: Interpretation of Sub-part C
This section is inserted by The Anti-money Laundering, Combatting the Financing of Terrorism and Countering Proliferation Financing (Miscellaneous Provisions) Act, section 19.
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
14FB. Interpretation of Sub-part C
In this Sub-part –
“inspection” includes –
(a) an on-site or off-site regular examination;
(b) a special examination;
(c) an off-site or an on-site monitoring or oversight; and
(d) an audit of the books and records of a registered association;
“Registrar” includes any person designated in writing by him.
(e) in section 15, in subsection (2), by deleting the words “, with the approval of the
Minister,”;
(f) in section 32, by repealing subsection (8) and replacing it by the following
subsection –
(8) At the conclusion of the inquiry, the Registrar shall, subject to
subsection (9), give such directive as may be appropriate in the matter.
(g) in section 37, by deleting the words “any order made” and replacing them by
the words “any directive given”;
(h) in the Schedule, by deleting item 2 and replacing it by the following item –
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Questions this section answers
- What counts as an 'inspection' of a registered association under this law?