Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 26 November 2018 - onwards
  Version 3 of 3    

43. Requirement for designated persons to report transactions connected with places designated under section 32.

As of 26 November 2018 this text has been repealed

(1) A designated person shall report to the Garda Síochána and Revenue Commissioners any service or transaction, that -

(a) the designated person provides or carries out in the course of carrying on business as a designated person, and

(b) is connected with a place that is designated under section 32.

(2) A person who fails to comply with this section commits an offence and is liable -

(a) on summary conviction, to a fine not exceeding €5,000 or imprisonment for a term not exceeding 12 months (or both), or

(b) on conviction on indictment, to a fine or imprisonment for a term not exceeding 5 years (or both).