Legal Profession Act 1966 · 2020 Revised Edition · Part 5A · Prevention of Money Laundering, Terrorism Financing and Financing of Proliferation of Weapons of Mass Destruction
70H. Rules for prevention of money laundering, terrorism financing and financing of proliferation of weapons of mass destruction
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The Council may, with the approval of the Minister, make such rules as may be necessary or expedient for the purposes of this Part.
Council
“Council” means the Council of the Society established under section 47;
Without limiting subsection (1), the Council may, with the approval of the Minister, make rules —
to prescribe, for the purposes of the definition of “legal practitioner” in section 70A(2), the types of advocates and solicitors and foreign lawyers to whom this Part applies;
to specify how a legal practitioner or law practice is to apply this Part;
to specify the measures which a legal practitioner or law practice is to take when preparing for or carrying out any transaction concerning a relevant matter;
to prescribe, for the purposes of section 70G(1), different types of disciplinary proceedings for different types of legal practitioners;
to prescribe, for the purposes of section 70G(2), different types of regulatory actions for different types of law practices;
to prescribe such transitional, savings or other consequential provisions as may be necessary or expedient for the purposes of this Part; and
to prescribe anything which may be prescribed under this Part.