Page 257 - FIC ANTI MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING LEGISLATION

Chapter 1 I POCDATARA
255 “Critical Infrastructure Protection Act” means the Critical Infrastructure
Protection Act, 2019 (Act No. 8 of 2019);
“crypto asset” means a digital representation of perceived value that can be traded or transferred electronically within a community of users of the internet who consider it as a medium of exchange, unit of account or store of value and use it for payment or investment purposes, but does not include a digital representation of a fiat currency or a security as defined in the Financial Markets Act, 2012 (Act No. 19 of 2012);
“Cybercrimes Act” means the Cybercrimes Act, 2020 (Act No. 19 of 2020); “data” means data as defined in section 1 of the Cybercrimes Act;
“Directorate” means the Directorate for Priority Crime Investigation established by section 17C of the South African Police Service Act;
“Director of Public Prosecutions” means a Director of Public Prosecutions appointed under section 13(1) of the National Prosecuting Authority Act, 1998(Act No. 32 of 1998);
“electronic communications service provider” means electronic communi- cations service provider as defined in section 1 of the Cybercrimes Act;
“engages in a terrorist activity”, with reference to sections 2 and 3, includes—
(a) the commission, performance or carrying out of;
(b) the facilitation of, participation or assistance in, or contribution to the commission, performance or carrying out of;
(c) the performance of an act in preparation for or planning of; or
(d) instructing, directly or indirectly, the—
(i) commission, performance, carrying out of;
(ii) facilitation of, participation or assistance in, or contribution to the commission, performance or carrying out of; or
(iii) performance of an act in preparation for or planning of, a terrorist activity, and the expressions “to engage in a terrorist activity”, “engaging in a terrorist activity” and “engagement in a terrorist activity” shall be construed accordingly;