Section 3Part 2 — The Financial Reporting Authority
Financial Reporting Authority
←→ Navigate · Click subsection badges to collapse · Press ? for help
There shall continue to be established a financial intelligence unit called the Financial Reporting Authority, consisting of the following persons —
the Director of the Financial Reporting Authority;
an attorney - at - law;
an accountant; and
such other persons, havi ng suitable qualifications and experience, as may be necessary to provide services to the Financial Reporting Authority.
The Director of the Financial Reporting Authority shall be appointed in writing by the Governor acting in the discretion of the Gov ernor after consultation with the Anti - Money Laundering Steering Group and shall hold office for such period of time and subject to such terms and conditions as the Governor may see fit. ( 2A ) The persons specified in subsection (1)(b), (c) and (d) shall be appointed in writing by the chief officer of the Portfolio charged with responsibility for Legal Affairs, after consultation with the chairperson of the Anti - Money Laundering Steering Group.
The Cabinet may make regulations to give effect to the provi sions of subsections (1) and (2) and sections 4 to 12 .