Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations
41. (1) Subject to subsection 52(2), every casino shall keep a large cash transaction record in respect of every amount in cash of $10,000 or more that it receives in the course of a single transaction, unless the amount is received from a financial entity or a public body.
(2) For greater certainty, the transactions in respect of which a casino is required to keep large cash transaction records in accordance with subsection (1) include the following transactions involving an amount in cash of $10,000 or more:
(a) the sale of chips, tokens or plaques;
(b) front cash deposits;
(c) safekeeping deposits;
(d) the repayment of any form of credit, including repayment by markers or counter cheques;
(e) bets of currency; and
(f) sales of the casino’s cheques.
- SOR/2007-122, s. 44.
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