Page 89 - FIC ANTI MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING LEGISLATION

Chapter 4 I FIC Act
(2) An accountable institution, reporting institution or any other person that fails to comply with a request made by–
(a) the Centre in terms of section 32(2); or
(b) a supervisory body in terms of section 45(1B)(d),
is non-compliant and is subject to an administrative sanction.
58. Failure to comply with direction of Centre
(1) An accountable institution that fails to comply with a direction of the Centre in terms of section 34(1), is guilty of an offence.
(2) An accountable institution that fails to comply with a direction of the Centre in terms of section 34(1), is non-compliant and is subject to an administrative sanction.
59. Failure to comply with monitoring order
(1) An accountable institution that fails to comply with an order by a judge in accordance with section 35, is guilty of an offence.
(2) An accountable institution that fails to comply with an order by a judge in accordance with section 35 is non-compliant and is subject to an administrative sanction.
60. Misuse of information
(1) Any person who–
(a) discloses confidential information held by or obtained from the Centre otherwise than in accordance with section 40 or 41;
(b) willfully destroys or in any other way tampers with information kept by the Centre for the purposes of this Act;
(c) uses information from the Centre otherwise than in accordance with–
(i) any arrangements or safeguards made or imposed by the Director in terms of section 40(3); or
(ii) section 40(6); or
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