Section 137
of Criminal Asset Recovery Order, 2012
Section 137
(1)
The Authority may issue such directions concerning any person or any class of person as the Authority considers necessary for the prevention of the money laundering and other matters related thereto.
(2)
Any person or any member of a class of person who fails or refuses to comply with any direction issued under subsection (1), is guilty of an offence and liable on conviction to a fine not exceeding $1,000,000 and in the case of a continuing offence, to a further fine of
$100,000 for every day during which the offence continues after conviction.
Incorporating amendments until S 22/2017
(Cleancopy) NHN/Amiriah/Bb/Karimah as of 26.12.2019
*Note: amendment on page 7,75,81,123 on 11.01.2020
128
BLUV as at 11th March 2017
Directions and guidelines to discharge Brunei Darussalam’s obligations.