Money Laundering and Proceeds of Crime Act Act No. 4/2013 (9) Directives of general application, that is to say, directives applying to all financial institutions or designated non-financial businesses or professions or any one or more classes thereof, shall be kept available for inspection by members of the public, free of charge, at all reasonable times at the offices of the Unit and at such other places throughout Zimbabwe as are prescribed. 5 Directives may specify civil infringements and impose civil penalties and other sanctions (1) Without derogating from any criminal penalty that may be imposed by this Act, a directive may specify to be a civil infringement any intentional or grossly negligent failure to comply with any specific obligation of this Act (including any specific obligation of a directive allowed by this Act to be provided for by way of a directive) that is imposed upon any competent supervisory authority, financial institution, designated non-financial business or profession, and their respective directors, principals, officers, partners, professionals, agents and employees. (2) A directive may impose for any specified civil infringement on the part of any competent supervisory authority, financial institution, designated non-financial business or profession, or any of its respective directors, principals, officers, partners, professionals, agents or employees, any one or more of the following sanctions, measures— (a) a written warning; or (b) an order to comply with any specific instruction; or (c) an order to a competent supervisory authority, financial institution, designated nonfinancial business or profession to submit reports at specified intervals on such matters concerned with ensuring compliance with this Act as are specified in the order; or (d) any one of the following kinds of orders (called a “civil penalty order”) addressed to an infringer, which order shall be issued within such of the following parameters as may be appropriate to the infringement, namely a civil penalty order imposing⎯ (i) a fixed civil penalty for a specified completed and irremediadable civil infringement, for which⎯ A. the prescribed penalty shall not exceed a fixed penalty of level ten; and B. the prescribed penalty for each day (beginning on the day after the issuance of the civil penalty order) during which the infringer fails to pay the civil penalty, shall not exceed a penalty of level three (twenty United States dollars) per day for a maximum period of one hundred and eight (180) 4 days; and (ii) a fixed civil penalty for a specified completed but remediadable infringement⎯ A. for which the prescribed penalty shall not exceed a fixed penalty of level five (one hundred United States dollars); and B. which must be suspended conditionally upon the infringer taking the remedial action specified in the civil penalty order within the time specified in that order; and C. which (upon the civil penalty becoming operative because of noncompliance with the requested remedial action) may provide for the prescribed penalty for each day (beginning on the day after the last day on which the infringer should have effected the remedial action) during which the infringer fails to pay the civil penalty referred to in subparagraph A, which shall not exceed a penalty of level two (ten 4 (sic) Presumably “one hundred and eighty” was intended, as the numerals suggest. The same applies to the repetitions of this error in later provisions. - 14 -