Money Laundering and Proceeds of Crime Act Act No. 4/2013 United States dollars) per day for a maximum period of one hundred and eight (180) days; and (iii) a fixed civil penalty for a continuing infringement⎯ A. for which the prescribed penalty shall not exceed a penalty of level one (five United States dollars) for each day during which the infringement continues, not exceeding a maximum period of one hundred and eight (180) days; and B. which must be suspended conditionally upon the infringer immediately (that is say, on the day the civil penalty order is issued) ceasing the infringement; and (iv) a fixed civil penalty for a specified continuing infringement where the time for compliance is of the essence⎯ A. for which the prescribed penalty shall not exceed a fixed penalty of level ten (six 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 United States dollars) per day for a maximum period of one hundred and eight (180) days; (e) an order barring individuals, for disclosed reasons, from employment within the specified competent supervisory authority, financial institution, designated nonfinancial business or profession, whether entirely or in a specified capacity; (f) an order to a competent supervisory authority requesting the institution of proceedings in terms of the enactment under which that authority operates for the suspension or cancellation of the licence, registration, permit, permission to practice, or other authority of a specified financial institution, designated non-financial business or profession, whether entirely or in a specified capacity or of any specified director, principal, officer, partners, professional, agent or employee of that institution, business or profession. (3) A directive may specify the conditions under which a competent supervisory authority may impose specified sanctions, measures or civil penalties for civil infringements committed by any person or entity for which that authority is responsible, namely any financial institution or designated non-financial business or profession, and their respective directors, principals, officers, partners, professionals, agents and employees. 6 Enforcement of civil penalties and accounting for proceeds thereof (1) A civil penalty imposed in pursuance of a directive made under section 5(2)(d) shall constitute a debt due to the Unit or the competent supervisory authority that imposed it, and shall. at any time after it becomes due, be recoverable in a court of competent jurisdiction by proceedings in the name of the Unit or the competent supervisory authority, as the case may be. (2) The amount of a civil penalty shall be paid into and form part of the funds of— (a) the Reserve Bank of Zimbabwe, in the case of a civil penalty imposed and collected or recovered by the Unit; - 15 -