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Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Enforcement - Offences - Offence and penalties relating to civil liability act

91: Offence and penalties for civil liability act

You could also call this:

"Breaking the rules on purpose can lead to trouble and penalties."

Illustration for Anti-Money Laundering and Countering Financing of Terrorism Act 2009

If you are a reporting entity and you do something that is against the civil liability act on purpose or without caring, you commit an offence. You must not engage in this kind of conduct knowingly or recklessly. This is an important rule to follow as a reporting entity.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2140971.

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Crime and justice > Criminal lawMoney and consumer rights > Consumer protection
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Part 3Enforcement
Offences: Offence and penalties relating to civil liability act

91Offence and penalties for civil liability act

  1. A reporting entity that engages in conduct constituting a civil liability act commits an offence if the reporting entity engages in that conduct knowingly or recklessly.