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Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Version of section 7 from 2002-12-31 to 2008-06-22:


Marginal note:Transactions if reasonable grounds to suspect

 In addition to the requirements of subsection 9(1), every person or entity shall report to the Centre, in the prescribed form and manner, every financial transaction that occurs in the course of their activities and in respect of which there are reasonable grounds to suspect that the transaction is related to the commission of a money laundering offence or a terrorist activity financing offence.

  • 2000, c. 17, s. 7
  • 2001, c. 41, s. 52

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