No.I 2018 or cxpatri<ltcd from Zimbabwe that originated from Zimbabwe or is the proceeds of any trade, business or other gainful occupation or acth·ity carried on hy him or her in Zimbabwe; and (h) any moveable or immoYcahle property acquired domcsticall) or outside Zimbabwe hy the usc of the currency, gold, precious stones and securities referred to in paragraph (a); and (c) the proceeds of any sale or other alienation of an) moYeablc or immm·cahlc property referred to in paragraph (h). (3) Subject to subparagraph (5), any person (hercalkr in this Schedule referred to as a "principal") who, he fore the I st Decem her. 2017, illegally expatriated property-(a) personally; or (h) through or hy the usc of(i) a banking institution or other financial institution; (ii) any person in a "designated occupation,. as defined in the :\toney Laundering .\ct; (iii) a company, tmst or other entity in which the principal has a controlling or predominant interest; or (iv) any associate of the principal; qualifies liJr an anmcsty under this Schedule. (-1.) In addition, subject to subparagraph (5), any person who facilitated the illegal expatriation of propctty (hereafter in this Schedule referred to as a "facilitator"), that is to say- (a) an associate of the principal; (h) a nominee acting on behalf of a principal who is the beneficial owner of the property in question; or (c) any of the following(i) a banking institution or other financial institution; (ii) any person in a "designated occupation" as defined in the :vroncy Laundeting Act; (iii) a company, trust or other entity in which the facilitator has a controlling or predominant interest; (iv) any associate of the facilitator; qualities for an atru1esty under this Schedule in all respects as if he or she is a principal: (5) An amnesty granted to-(a) a principal under subparagraph (3)-(i) automatically absolves the facilitator of any ctiminal or liability in relation to property that was illegally expatriated \Vith the assistance of the facilitator, but only to the extent that the property in question is disclosed in the application for the anmcsty; and (ii) docs not affect the liability for tax of the principal on any property that was illegally expatriated, provided that the principal shall not be subject no any penalty by way of interest or enhanced tax on the propctty in question; 33

Select target paragraph3

Add to table of contents