No.12 ivloNEY LAUN1)ERING Al'.'D PRoCEblJS oF CRIMF Ai\1ENDMENT (e) where the disclosure is authorised or required by or under this Act or any other law. (2) Any officer, employee, inspector or agent of the Unit who discloses any information referred to in subsection ( 1) otherwise than in accordance with that subsection, or nu.1.kes use of it for personal gain, shall be guilty of an offence and liable io a fine not exceeding level eight or to imprisonment for a period not exceeding three years, or to both such tine and such imprisonment. (3) The Director-General shall ensure that the Cnit nu1intains adequate systems and procedures to maintain tlw confidentiality of information referred to in subsection ( 1). 6G Reports of Unit (1) The Director General shall, with the concurrence of the Advisory Committee - (a) as soon as possible after the 30th June of each year, submit to the Minister a report on the Unit's activities covering the period from the 1st January to the 30th June; and (b) as soon as possible after the 31st December of each year, submit to the ~ilinister a consolidated report on the Unit's activities covering the period from the 1st January to the 31st December. (2) As soon as practicable after receiving a consolidated repmt in terms of subsection (l)(b), the Minister shall lay it before Parliament.". 5 Amendment of section 11 of Cap. 9:24 Section 11 ("Obligation to disclose physical cross-border transportation of currency, bearer negotiable instruments and precious metals or stones") is amended in subsection (2) by the deletion of the words "provide access to this information to an inspector on request'' and the substitution of the words ", without delay and, in any case not later than seventy-two hours, submit a copy of evety such disclosure and accompanying pmticulars of the person making the disclosure, to the Unit". 6 New Part inserted in Chapter II in Cap. 9:24 The principal Act is amended by the insettion in Chapter II of the foil owing Part"PART 1Il Poucy, CooRDINATION AND RisK 12A National money laundering and terrorist financing risk assessment and risk mitigation (1) The Unit shall be rcs1xmsible for coordinating the activities and programs of competent authorities, financial institutions, designated non-financial businesses and professions and all other persons upon whom this Act imposes obligations, for purposes of combating money laundering and terrorist financing. (2) The Unit shall coordinate with competent authorities, financial institutions, designated non-financial businesses or professions or any other persons or entities as the Unit considers relevant, to assess or facilitate the assessment of the money laundering and terrmist financing risks to which the country is exposed. (3) Without derogating from the provisions of subsection (2) the Unit shall ensure that measures are undettaken-522 201.8