LAWS OF GUYANA
Money Laundering Prevention Cap.85:09
3
CHAPTER 85:09
MONEY LAUNDERING (Prevention)
ARRANGEMENT OF SECTIONS
PART 1
PRELIMINARY
SECTION
1. Short title
2.
Interpretation
PART II
MONEY LAUNDERING PROHIBITED
3. Offence of money laundering
4. Offence committed by a body of person
5. Attempts, aiding and abetting conspiracy
6. Penalty for money laundering
7. Tipping –off
8. Falsification, concealment etc. of documents
9. Jurisdiction
PART III
ANTI-MONEY LAUNDERING SUPERVISION
10. Supervisory Authority
11. Powers of supervisory Authority
12. Obligation of Financial institutions
13. Reporting of suspicious business transactions by financial institutions
14. Supervisory Authority’s power to obtain search warrant
LAWS OF GUYANA
Money Laundering Prevention Cap.85:09
4
15. Property tracking and monitoring orders
16. Mandatory injunction to enforce compliance
17. Other measures to avoid money laundering
18. Currency reporting when entering or leaving Guyana
PART IV
FREEZING AND FORFEITURE OF ASSETS IN RELATION
TO MONEY LAUNDERING
19. Freezing of Property
20. Forfeiture of property, proceeds or instrumentalities
21. Rights of bona-fide third parties
22. Limitations on freezing and forfeiture of property
PART V
INTERNATIONAL COOPERATION
23. Assistance to foreign countries
PART VI
MISCELLANEOUS
24. Money laundering an offence for extradition purposes
25. Secrecy obligations overridden
26. Disclosure protected
27. Prosecution of offences
28. Limitation of proceedings
29. Subsidiary legislation
FIRST SCHEDULE
Activities of Financial Institutions.
SECOND SCHEDULE
Prescribed offences
THIRD SCHEDULE
Form