Criminal Justice (Money Laundering and Terrorist Financing) Act 2010

F262[Report of relevant authorised officer

109P

109P.— (1) A relevant authorised officer shall, as soon as practicable after completing a Chapter 11 investigation, prepare a draft report regarding the investigation.

(2) A draft report regarding a Chapter 11 investigation shall include–

(a) a summary of–

(i) the scope and terms of the investigation, and

(ii) the steps taken as part of the investigation, and

(b) any findings by the relevant authorised officer in relation to the investigation.

(3) A relevant authorised officer shall give the relevant provider to which a draft report relates–

(a) a copy of the report, and

(b) a notice in writing stating that the provider may, within a period of 14 days from the date specified in the notice, make submissions in writing to the officer in relation to the draft report.

(4) A relevant authorised officer may, on the request of the relevant provider, agree in writing to extend the period specified under subsection (3)(b) within which the provider may make submissions.

(5) A relevant authorised officer shall, having had regard to the submissions (if any) made under subsection (3)(b), prepare a report of the Chapter 11 investigation (in this Chapter referred to as an “investigation report”).

(6) A relevant authorised officer shall not make any recommendation, or express any opinion, in a draft report under subsection (1) or in an investigation report on any action the Minister should take under section 109Q.

(7) A relevant authorised officer shall, as soon as practicable after the preparation of the investigation report, provide–

(a) the relevant provider with a copy of the investigation report, and

(b) the Minister with a copy of the investigation report and any submissions made under subsection (3)(b).]

Annotations

Amendments:

F262

Inserted (30.06.2026) by European Union (Money Laundering and Terrorist Financing) (Administrative Sanctions) Regulations 2026 (S.I. No. 307 of 2026), reg. 5, in operation as per reg. 2.