Criminal Justice (Money Laundering and Terrorist Financing) Act 2010

106C

F155[Registrations held by partnerships

106C. (1) A reference in a relevant document to a holder or proposed holder of a registration includes, in a case where the holder or proposed holder is a partnership, a reference to each partner of the partnership unless otherwise specified.

(2) A reference in subsection (1) to a relevant document is a reference to any of the following:

(a) this Chapter;

(b) a regulation made for the purposes of this Chapter;

(c) a registration or condition of a registration;

(d) any notice or direction given under this Chapter;

(e) any determination under this Chapter.

(3) Without prejudice to the generality of subsection (1) or section 111, where any requirement is imposed by or under this Chapter on the holder of a registration, and failure to comply with the requirement is an offence, each partner of a partnership (being a partnership that is the holder of a registration) who contravenes the requirement is liable for the offence.]

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Amendments:

F155

Inserted (23.04.2021) by Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (3/2021), s. 25, S.I. No. 188 of 2021.