No. I
2018
(c)
in section 20 ("Repeated contraventions of sections 10, 1I. 12. U, 1-+.
15. 16 and IT) by the deletion of "section ten, eleven. twelve, thirteen.
fourtet~n. fifteen, sixJecn or seventeen .. and the substitution of "sedion
10, 10.\, 11, 12, 1.1. J•.t., 15, 16and 17";
tO
by the repeal of section 22 and the substitution of-
"22 Unlawful hoarding of cash
( l) Subject to subsection (2), any person, other than a trader,
para stataL moneylender or financial institution, who, othem ise than
for good cause, has on his or her person, or under his or her immediate
control, or upon any land or upon or in any premises. cash in excess of
ten thousand dollars, shall he ~uilty of an otfence and liable to a fine
equi\ alent to-(a)
the excess cash held in contravention of this sect ion; or
(h)
a fine not exceeding level ten;
whiche\'er is the greater amount.
(2) Any person (other than a financial institution)(a)
\Vho has on his or her person, or under his or her immediate
control, or upon any land or upon orin any premises, an)
amount of cash, whether or not in excess of ten thousand
dollars; and
(b)
about whom there is any information or intelligence
leading to a reasonable suspicion that he or she is acting
on behalf of the trader, parastatal, money lender to
circumvent the provisions of section II or l.S;
shall be guilty of an otience and liable to a tine equivalent to(c)
all the cash held in contravention of this section; or
(d)
a fine not exceeding level ten;
whichever is the greater amount.
(3) A person referred to in(a)
subsection (1) shall have the burden of proving. to the
satisfaction of an inspector. police officer or any court,
any good cause for not complying with that pnwision;
(b)
subsection (2) shall have the burden of proving, to the
satisfaction of an inspector, police officer or any court,
that the suspicion there referred to is unfounded:
Provided that if he or she is found to he in
possession of cash in excess of ten thousand dollars, he
or she is liable to prosecution under subsection (I).
(-+) The .t\.linister may, by notice in a statutory instrument,
suspend the operation of this section (other than this subsection)
indefinitely or for a period specified in the notice, and may, in like
manner, bring it back into operation.";
(g)
by insertion in Part VI before section -+2 of the following section-
"41 A Freezing orders
( 1) The Director may, without noti~.:e of his or her intended
action to the affected person and financial institution, serve upon that
person and the financial institution concemed, a written temporary
freezing order haYing effect for not more than fourteen days in respect
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