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In forceAmended2020 Revised Edition

Part 4A · Prevention of Money Laundering, Proliferation Financing and Terrorism Financing

44A. Application of this Part

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Amended

Last amended by an amending law of 2025. 2 amendments in all.

(1)

This Part relates to the measures, consistent with standards set by the intergovernmental body known as the Financial Action Task Force, that a licensed estate agent or a registered salesperson must take when doing any estate agency work in relation to an acquisition or a disposition of a property, to prevent the acquisition or disposition of the property from being used to facilitate money laundering, proliferation financing or terrorism financing, or any combination of these activities.

(2)

This Part applies to all licensed estate agents and registered salespersons.

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