Legislation
Prevention of Money Laundering Act (Cap. 373)
- Art. 2(1) In this Act, unless the c ontext otherwise requires - "criminal activity" means any activity, whenever or
- Art. 3(1) Any person committing any act of money laundering shall be guilty of an offence and shall, on conviction,
- Art. 4(1) Where, upon information received, the Attorney General has reasonable cause to suspect that a person (here
- Art. 4AThe provisions of article 30B of the Dangerous Drugs Ordinance shall apply mutatis mutandis to proceeds within
- Art. 4B(1) Where, upon informatio n received, the Attorney General has reasonable cause to suspect that a person (her
- Art. 5When a person is charged under article 3, the prosecution may apply to the Court of Magistrates for a freezing
- Art. 6Any person who acts in contravention of a court order mentioned in article 5 shall be guilty of an offence and
- Art. 7Articles 38 and 39 of the Proceeds of Crime Act shall apply in respect of the determination of any property su
- Art. 8Repealed by Act VI.2024. 16. Powers of investigation in connection with offences cognizable by courts outside
- Art. 9(1) Where the Attorney General receives a request made by the judicial or prosecuting authority of any place o
- Art. 9AWhere the request referred to in the preceding article is made for the purpose of monitoring the transactions
- Art. 10(1) Where the Attorney General receives a request made by a judicial or prosecuting auth ority of any place ou
- Art. 11(1) A confiscation order made by a court outside Malta providing or purporting to provi de for the confiscatio
- Art. 11A(1) Where the court makes any order as is referred to in article 5, it shall order the Director of the Asset R
- Art. 12(1) The Minister may, acting on the advice of the Unit, make rules or regulations generally with a view to com
- Art. 12A(1) The Minister may, by regulations made under this Act, establish a committee that shall be referred to as t
- Art. 13(1) The Minister may make rules or regulations to provide for criminal punishments, administrative penalties a
- Art. 13A(1) Whenever a subject person feels aggrieved by an administrative penalty imposed by the Unit in terms of rul
- Art. 13B(1) An administrative penalty, served on the subject person against whom it is imposed by means of a notice in
- Art. 13C(1) Any administrative penalty imposed by the Unit in terms of rules and regulations made under article 13, an
- Art. 14In this Part, unless the context otherwise requires: "competent authority" shall have the same meaning assigne
- Art. 15(1) There shall be a government agency, to be known as the Financial Intelligence Analysis Unit. (2) The Unit
- Art. 16(1) Subject to the other provisions of this Act and without prejudice to any other power or f unction conferre
- Art. 17The Unit, its Board, officers and employees shall not be liable in damages for anything done or omitted to be
- Art. 18(1) The Unit shall consist of a Board and a Director. (2) The Board shall be responsible for the policy to be
- Art. 19(1) The Board shall consist of: (a) the Commissioner of Police or a senior official selected by him to serve a
- Art. 20A Chairman and Deputy Chai rman shall be appointed by the Prime Minister after consultation with the Minister
- Art. 21(1) The Board shall meet within one month from its constitution and as often as m ay be necessary or expedient
- Art. 22In case of emergency, decisions shall be taken by at least two members of the Board one of whom shall be the C
- Art. 23(1) The Director of the Unit shall be appointed by the Board, according to such proce dures and on such terms
- Art. 24(1) The Commissioner of Police shall detail a police officer not below the rank of Inspector to act as a liais
- Art. 25(1) The legal and judicial representation of the Unit shall vest in the Chairman and in his absence in the Dep
- Art. 26(1) The Unit shall be responsible to ensure that subject persons comply with the provisions of this Act and an
- Art. 26A(1) The Unit may, whenever it deems so necessary or expedient, engage one or more persons, whom it considers t
- Art. 27(1) Without prejudice to any restriction that the Unit may be subject to, the Unit shall, upon request or on i
- Art. 27A(1) In carrying out its func tions under article 16(1)(k)(i) , the Unit may exchange any information that may
- Art. 27BWithout prejudice to the generality of the provisions of the Act, where the Unit is in possession of documenta
- Art. 27C(1)The Unit shall, in accordance with the applicable provisions of this Act, and without prejudice to the prov
- Art. 27D(1)Without prejudice to any restriction which the Unit may be subject to, the Unit shall, upon receipt of duly
- Art. 28(1) Where the Unit is informed by a subject person that a transaction to be carried out is suspected or known
- Art. 29Where any subject person is aware or suspects that a transaction which is to be exe cuted may be linked to mon
- Art. 30(1) When the Unit receives a report as is referred to in article 16(1)( a) or when from information in its pos
- Art. 30A(1) Notwithstanding anything contained in any other law, the Unit may likewise demand form any person, authori
- Art. 30BWithout prejudice to the provisions of article 27A, any information demanded or obtained by the Unit in terms
- Art. 30C(1) When the Unit receives a report as is referred to in article 16(1)( a) or when from information in its pos
- Art. 30DThe Unit may, in order to combat money laundering and the funding of terrorism, to ens ure compliance by subje
- Art. 31(1) Where, following an analysis of a report received by the Unit under article 16(1)( a) and of any other inf
- Art. 31A(1) Where the Unit provides information to a competent authority as provided for under this Act, that competen
- Art. 32The Unit shall, at the request of the subject person or on its own motion, give to the subject person which ma
- Art. 33Any official or employee of the Unit who, in any circumstances other than those provided for in the proviso to
- Art. 34( 1 ) T h e U n i t , a n d i t s o f f i c e r s , e m p l o y e e s a n d a g e n t s , whether still in ser
- Art. 35The revenue of the Unit shall consist of: (a) fees charged by and payable to the Unit in respect of its superv
- Art. 36(1) The Unit may: (a) hold accounts with any bank; (b) invest any of its liquid assets in short and medium ter
- Art. 37The Minister may make advances to the Unit of such sums as the Minister may consider to be required by the Uni
- Art. 38(1) The Director shall, not later than six weeks before the end of each financial year, submit to the Board es
- Art. 39All profits realised by the Unit shall be put to a reserve fund which shall be used for such purposes as the U
- Art. 40The financial year of the Unit shall begin on the first day of January and end on the thir ty-first day of Dec
- Art. 41The Unit shall keep prope r books of account in such manner as the Minister may from time to time direct. Such
- Art. 42(1) The Unit shall, as soon as may be but not later than three months after the close o f each financial year,
- Art. 43The Unit shall be exempted from any liability for the payment of income tax and duty on documents and transfer
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.