Prevention of Money Laundering Act (Cap. 373), article 36

36. (1) The Unit may: (a) hold accounts with any bank; (b) invest any of its liquid assets in short and medium term first class securities as approved by the Board; (c) acquire, purchase, lease or dispose of any movable or immovable property required for the conduct of its business or for any purposes ancillary or incidental to the performance of its functions under this Act. (2) For the purpose of carrying out any of its functions under this Act, the Unit may, with the approval in writing of the Minister, borrow or raise money in such manner, from such person, body or authority, and under such terms and conditions as the Minister may in writing approve. Advances by the Government. Added by: XXXI. 2001.4.