Money Laundering and Proceeds of Crime Act Act No. 4/2013 “funds or other assets” has the meaning given to this in section 7; “funds transfer” means any transaction carried out on behalf of an originator through a financial institution by electronic means with a view to making an amount of money available to a beneficiary person at another financial institution (the originator and beneficiary may be the same person); “financing of terrorism” means any offence referred to in _______;2 “foreign counterpart agency” means any person, authority or body in another State or territory that exercises functions equivalent to those of the Unit under this Act; “gift” means property given by one person to another person, and includes any transfer of property directly or indirectly— (a) after the commission of an offence by the first person; (b) to the extent of the difference between the market value of the property at the time of its transfer and— (i) the consideration provided by the transferee, or (ii) the consideration paid by the transferor; whichever is greater; “identity document” has the meaning given to it in section 13; “inspector” means a person referred to in section 5 of the Bank Use Promotion Act [Chapter 24:24] (No. 2 of 2004); “instrumentality” and “instrumentalities” means any property used or intended to be used, in any manner, wholly or in part to commit a criminal offence or criminal offences and is deemed to include property of or available for use by a terrorist organisation; “interdict” means an order made in terms of section 40 restraining any person from dealing with property; “interest”, in relation to an interest in property, includes any beneficial interest in the property (whether present or future, vested or contingent, or full or partial) or any right, power or privilege in connection with the property; “law enforcement agency” means the Police Force (including a member of the Police Constabulary as defined in section 2 of the Police Act [Chapter 11:10]) or an intelligence service maintained by the Government, or any agency assigned by an enactment to maintain and enforce the law; “legal arrangement” refers to express trusts or other similar legal arrangements; “Minister” means— (a) the Minister responsible for Justice in relation to Chapters IV and V; (b) the Minister responsible for Finance in relation to the remainder of this Act; or any other Minister or Ministers to whom the President may, from time to time, assign the administration of this Act; “money laundering” and “money laundering offence” means any offence referred to in section 8; “organised criminal group” means a structured group of three or more persons, existing for a period of time and acting in concert with the aim of committing one or more serious offences in order to obtain, directly or indirectly, a financial or other benefit “originator” has the meaning given to it in section 13; “politically-exposed person” has the meaning given to it in section 13; 2 (sic) Space left blank in published Act. Presumably section 9 was intended. -9-