Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)
Chapter 4 : Compliance and Enforcement
50. Failure to advise Centre of client
An accountable institution, reporting institution or person that is required to make a report in terms of section 29 that fails to inform the Centre in accordance with section 27, is guilty of an offence.
[Section 50 substituted by section 40 of the Financial Intelligence Centre Amendment Act, 2017 (Act No. 1 of 2017)]