Criminal Asset Recovery Order, 2012 · s 16

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s 16{1)

Financial institutions or designated non-financial businesses and professions and dealers in high value goods are required to submit promptly but no later than 5 working days a report to the Financial Intelligence Unit any currency transaction in an amount equal to or above the prescribed amount, whether conducted as a single transaction or several transactions that appear to be linked and shall also apply to any attempted transaction.

(2)

For the purpose of this section, "dealer in high value goods" includes a person who deals in motor vehicles or person as the Authority may, by notification in the Gazette publish is a person who deals in high value goods.