Page:Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap. 615).pdf/21

Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance Part 3 Section 10 :(f) in relation to a licensed money service operator, means any premises at which the licensed money service operator may operate a money service as shown in the register maintained under section 27; and
 * (g) in relation to the Postmaster General, means—
 * (i) any premises at which the Postmaster General operates a remittance service; and
 * (ii) any premises at which the remittance service operated by the Postmaster General is managed;

local branch (本地分行), in relation to an authorized institution, has the meaning given by section 2(1) of the Banking Ordinance (Cap. 155);

local office (本地辦事處), in relation to an authorized institution, has the meaning given by section 2(1) of the Banking Ordinance (Cap. 155).

10. Offences for non-compliance with requirements imposed under section 9

(1) A person commits an offence if the person, without reasonable excuse, fails to comply with a requirement imposed on the person under section 9(3), (5), (9) or (10).

(2) A person who commits an offence under subsection (1) is liable—
 * (a) on conviction on indictment to a fine of $200,000 and to imprisonment for 1 year; or
 * (b) on summary conviction to a fine at level 5 and to imprisonment for 6 months.

(3) A person commits an offence if the person—
 * (a) in purported compliance with a requirement imposed on the person under section 9(3) or (5), produces any record or document or gives any answer that is false or misleading in a material particular; and