Section 29 Money Laundering Act

Section 29 of the Money Laundering (Prevention and Prohibition) Act 2022 is about Repeals and other consequential amendments. It provides as follows:

(1) The Money Laundering (Prohibition) Act, No. 11, 2011 is repealed.

(2) All regulations, orders, reports, ongoing investigations, prosecutions and other proceedings, actions taken and things done under the repealed Act shall continue and have effect as if made, issued, carried on, taken or done under this Act.

(3) Any conduct or activity which was a criminal conduct or activity under the repealed Act shall constitute a criminal conduct or activity in respect of which the provisions of this Act shall apply.

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