Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Act 2019 · 2020 Revised Edition · Part 1 · Preliminary
4. Appointment of Registrar, Deputy Registrars, Assistant Registrars and authorised officers
Feedback & supportThe Minister may appoint from among public officers —
a Registrar of Regulated Dealers; and
one or more Deputy Registrars of Regulated Dealers and Assistant Registrars of Regulated Dealers.
The Registrar may appoint any of the following persons to be an authorised officer for the purposes of this Act:
Registrar
“Registrar” means the Registrar of Regulated Dealers appointed under section 4(1);
a public officer;
an auxiliary police officer appointed under the Police Force Act 2004;
a public accountant registered or deemed to be registered under the Accountants Act 2004;
any individual suitably qualified and trained to be an authorised officer.
The Registrar is responsible for the administration of this Act, and may exercise all the powers and perform all the duties and functions of the Registrar under this Act, subject to any general or special directions of the Minister.
A Deputy Registrar or an Assistant Registrar may exercise all the powers and perform all the duties and functions of the Registrar under any provision of this Act (except the power of appointment and the power of delegation conferred by this section), subject to any condition or limitation that the Registrar may specify; and any reference in the provision of this Act to the Registrar includes a reference to a Deputy Registrar or an Assistant Registrar.
Deputy Registrar
“Deputy Registrar” means a Deputy Registrar of Regulated Dealers appointed under section 4(1);
The Registrar may delegate the exercise of any of the powers conferred or duties imposed on the Registrar under any provision of this Act (except the power of appointment and the power of delegation conferred by this section) to an authorised officer, subject to any condition or limitation that the Registrar may specify; and any reference in the provision of this Act to the Registrar includes a reference to the authorised officer.