Page 292 - FIC ANTI MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING LEGISLATION

Chapter 4 I POCDATARA
290
CHAPTER 4
INVESTIGATING POWERS AND FREEZING ORDERS
22. Investigating powers
(1) Whenever the National Director has reason to believe that—
(a) any person may be in possession of information relevant to—
(i) the commission or intended commission of an alleged offence under Chapter 2; or
(ii) any property which—
(aa) may have been used in the commission, or for the purpose of or in connection with the commission, of an offence under this Act;
(bb) may have facilitated the commission of an offence under this Act, or enabled any entity to commit such an offence, or provided financial or economic support to an entity in the commission of such an offence; or
(cc) may afford evidence of the commission or intended commission of an offence referred to in subparagraph (i);
(b) there may be in any building, receptacle or place, or in the possession, custody or control of any entity any property referred to in paragraph (a)(ii); or
(c) any entity may be in possession, custody, or control of any documentary material relevant—
(i) to an alleged offence referred to in paragraph (a)(i); or
(ii) in respect of any property referred to in paragraph (a) (ii) or (b), he or she may, prior to the institution of any civil or criminal proceeding, under written authority direct that a Director of Public Prosecutions shall have, in respect of a specific investigation, the power to institute an investigation in terms of the provisions of Chapter 5 of the National Prosecuting Authority Act, 1998 (Act 32 of 1998), relating