Regulation 23

Any licensee of a security guard agency who wishes to provide any security transportation shall notify the licensing officer in writing that he intends to provide such a service.

Where such licensee is transporting any cash exceeding $250,000, or gold, jewellery or other valuables of a value exceeding that amount, he shall ensure that there are at least 2 armed guards from an agency approved by the licensing officer to protect such property while it is being transported.

In this regulation, “security transportation” means the transportation of cash, gold or other valuables by whatever means.

For the purposes of this regulation, a person shall be deemed to be providing security transportation if he furnishes or provides or notifies or states that he is willing to furnish or provide or in any way holds himself out to the public as ready to furnish or provide security guards for the transportation of cash, gold or other valuables for or in consideration of any remuneration.