Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance
authorized person or the investigator must permit any other person who would be entitled to inspect the record or document had the authorized person or the investigator not taken possession of it under this Part to inspect it and to make copies or otherwise record details of it at all reasonable times.
(2) A person who gives a permission under subsection (1) may impose any reasonable condition as to security or otherwise that the person thinks fit.
20. Destruction of documents etc.
(1) A person commits an offence if the person destroys, falsifies, conceals or otherwise disposes of, or causes or permits the destruction, falsification, concealment or disposal of, any record or document that the person is required by an authorized person or an investigator to produce under this Part, with intent to conceal, from the authorized person or the investigator, facts or matters capable of being disclosed by the record or document.
(2) A person who commits an offence under subsection (1) is liable—
- (a) on conviction on indictment to a fine of $1,000,000 and to imprisonment for 2 years; or
- (b) on summary conviction to a fine at level 6 and to imprisonment for 6 months.
