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

Regulations

Money Laundering and Terrorist Financing Control Regulations

1A. Prescribed amount of a single transaction
Purchase cart Previous page Return to chapter overview Next page

 

(1)For the purposes of the definition of a single transaction as contemplated in the Act, the prescribed value of a transaction is an amount not less than R5 000,00.

 

[Section 1A inserted by regulation 3 of Notice No. R. 1062 of 2017]