2018 MoNEY LAU\'.'DERING _Ac"fD PROCEEDS OF Cmtvm AJ\IEND:vtEI'<I' No. 12 ZIMBABWE ACT To amend the Money Launde1ing and Proceeds of Crime Act [Chapter 9:24], section 27 of the National Prosecuting Authority Act [Chapter 7:20], section 6 of the Criminal Matters (Mutual Assistance) Act [Chapter 9:06], section 87 of the Deeds Registries Act [Chapter 20:05], section 210 of the Customs and Excise Act [Chapter 23:02], section 5 of the Income Tax Act [Chapter 23 :06], section 34A of the Revenue Authority Act [Chapter 23 :11], section 360 of the Companies Act [Chapter 24:03] and the Bank Use Promotion Act [Chapter24:24]; and to provide for matters connected with or incidental to the foregoing. ENACTED by the Parliament and the President of Zimbabwe. 1 Short title This Act may be cited as the Money Laundering and Proceeds of Crime Amendment Act, 2018 (No. 12 of 2018). 2 Amendment of section 2 of Cap. 9:24 Section 2 ("Interpretation") of the Money Laundering and Proceeds of Crime Act [Chapter 9:24] (hereinafter called "the principal Act") is amended in subsection (1)(a) by the inse1iion of the following definitions~ '"'Advisory Committee" means the National Anti-ivioney Laundering Advisory Committee appointed in terms of section 12C; "competent authorities" refers to public authorities or institutions with designated responsibilities for combating money laundering and terrorist financing, and includePrinted by the Government Printer, Harare 515 DISTRIBUTED BY VERITAS e-mail: veritas@mango.zw; website: www.veritaszim.net Veritas makes every effort to ensure the provision of reliable information, but cannot take legal responsibility for information supplied.