Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)

Chapter 3 : Control Measures for Money Laundering and Financing of Terrorist and Related Activities - Money Laundering, Financing of Terrorist and Related Activities and Financial Sanctions Control Measures

Part 1 : Customer due diligence

21H. Family members and known close associates
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(1)Sections 21F and 21G apply to immediate family members and known close associates of a foreign or domestic politically exposed person or a prominent influential person, as the case may be.

[Section 21H(1) substituted by section 27 of the General Laws (Anti-Money Laundering & Combating Terrorism Financing) Amendment Act, 2022 (Act No. 22 of 2022) Notice No. 1532, GG47802, dated 29 December 2022 - effective 31 December 2022 per Proclamation Notice 109 (a), GG47805, dated 31 December 2022]

 

(2)For the purposes of subsection (1), an immediate family member includes—
(a)the spouse, civil partner or life partner;
(b)the previous spouse, civil partner or life partner, if applicable;
(c)children and step children and their spouse, civil partner or life partner;
(d)parents; and
(e)sibling and step sibling and their spouse, civil partner or life partner.