No.12 18 JV10l'<13Y LAUNDERING ANi) PROCEEDS OF CRIME i\MENDlvfPNT Amendment of section 6 of Cap. 9:06 Section 6 ("Refusal of assistance") of the Criminal Matters (:Mutual Assistance) Act [Chapter 9;06] is amended by the repeal of subsection (5) aud the substitution of- "(5) Assistance shall not be refused on the ground that- (a) the offence is considered to involve fiscal matters; or (b) an inquiry, investigation or prosecution is being or is about to be conducted in Zimbabwe in relation to the offence, unless the assistance would impede the inquiry, investigation or prosecution.". 19 Amendment of Cap. 20:05 The Deeds Registries Act [Chapter 20:05] is amended(a) in section 5 ("Duties of Registrars") by the insertion after paragraph (r) of the follmving paragraph"(rl) subject to section 70A, register deeds of trust and amendments to them, and record any particulars relating to registered trusts that ar<c~ required by that section;"; (b) in Part VII ("General") by the inse11ion before section 71 of the following section- "70A Registration of deeds of trust (1) Subject to this Act, a registrar shall not register a tmst, whether it is a trust inter vivos or a testamentary trust, unless-- (a) the identities of the founder and of all trustees and beneficiaries are disclosed, either in the trust deed or the application for registration; and (b) where etTective control of the trust prope1ty is vested in a person other than a trustee or beneficiary, the identity of that person is disclosed either in the trust deed or in the application for registration; and (c) such other information as may be prescribed is disclosed, either in the trust deed or in the application for registration. (2) Every trustee of a registered trust shall maintain up-to-date records of infonnation referred to in subsection ( 1), as well as information on every financial institution and every designated non-financial business or profession which is a service provider to the trust. (3) When registering a trust, a registrar shall record the prescribed particulars of tht; persons referred to in paragraphs (a) and (b) of subsection (1), and any changes to those particulars notified to him or her in tem1s of subsection (4). (4) Every trustee of a registered trust shall ensure that, where there is a change to any of the particulars recorded in tenns of subsection (1) in relation to the trust, the change is notified in writing to a registrar at the deeds registry within one month after the change occuned. (5) A trustee who, \vithout just cause, contravenes subsection (2) or (4) shall be guilty of an offence and liable to a fine not exceeding levelS or to imprisonment for a period not exceeding six months or to both such fine and such imprisonment."; 532 2018

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