Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Regulations

• 73 (1) The Governor in Council may, on the recommendation of the Minister, make any regulations that the Governor in Council considers necessary for carrying out the purposes and provisions of this Act, including regulations

  • (a) describing businesses, professions and activities for the purpose of paragraph 5(i);

  • (b) describing businesses and professions for the purpose of paragraph 5(j), and the activities to which that paragraph applies;

  • (c) describing the activities to which paragraph 5(l) applies;

  • (d) specifying the types of records to be kept and retained under section 6 and the information to be included in them;

  • (e) specifying the period for which, and the methods by which, records referred to in paragraph (d) are to be retained;

  • (e.1) specifying the information to be contained in a report under section 7 or 7.1 or subsection 9(1);

  • (f) specifying measures that persons or entities are to take to identify any person or entity in respect of which a record is required to be kept or a report made;

  • (g) defining casinos, courier and monetary instruments;

  • (h) specifying the form and manner of reporting currency and monetary instruments for the purpose of subsection 12(1), and the information to be contained in the form, and specifying the period within which the reporting must be made; and

  • (i) prescribing anything else that by this Act is to be prescribed.

• (2) and (3) [Repealed, 2001, c. 41, s. 73]