Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance
Part 3
A691
Section 10
Ord. No. 15 of 2011
- (f) in relation to a licensed money service operator, means any premises at which the licensed money service operator may operate a money service as shown in the register maintained under section 27; and
- (g) in relation to the Postmaster General, means—
- (i) any premises at which the Postmaster General operates a remittance service; and
- (ii) any premises at which the remittance service operated by the Postmaster General is managed;
local branch (本地分行), in relation to an authorized institution, has the meaning given by section 2(1) of the Banking Ordinance (Cap. 155);
local office (本地辦事處), in relation to an authorized institution, has the meaning given by section 2(1) of the Banking Ordinance (Cap. 155).
10. Offences for non-compliance with requirements imposed under section 9
(1) A person commits an offence if the person, without reasonable excuse, fails to comply with a requirement imposed on the person under section 9(3), (5), (9) or (10).
(2) A person who commits an offence under subsection (1) is liable—
- (a) on conviction on indictment to a fine of $200,000 and to imprisonment for 1 year; or
- (b) on summary conviction to a fine at level 5 and to imprisonment for 6 months.
(3) A person commits an offence if the person—
- (a) in purported compliance with a requirement imposed on the person under section 9(3) or (5), produces any record or document or gives any answer that is false or misleading in a material particular; and
