Page 287 - FIC ANTI MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING LEGISLATION

Chapter 3 I POCDATARA
(11) A person is guilty of an offence under section 13(1)(a) or (b), whether or not he or she has any particular person in mind as the person in whom he or she intends to induce the belief in question.
PART 2: PENALTIES AND MATTERS RELATING TO PENALTIES
18. Penalties
(1) Any person who is convicted of an offence referred to in—
(a) section 2, 5, 6, 7, 8, 9 or 10 is liable—
(i) in the case of a sentence to be imposed by a High Court, to a fine or to imprisonment for a period up to imprisonment for life;
(ii) in the case of a sentence to be imposed by a regional court, to a fine or to imprisonment for a period not exceeding 18 years;
(iii) in the case of a sentence to be imposed by any magistrate’s court, to a fine or to imprisonment for a period not exceeding five years;
(b) section 3 or 11 is liable—
(i) in the case of a sentence to be imposed by a High Court or a regional court, to a fine or to imprisonment for a period not exceeding 15 years;
(ii) in the case of a sentence to be imposed by any magistrate’s court, to any penalty which may lawfully be imposed by that court;
(c) section 4 or 4A, is liable—
(i) in the case of a sentence to be imposed by a High Court or a regional court, to a fine not exceeding R100 million or to imprisonment for a period not exceeding 30 years;
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