Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations
Version of section 12.3 from 2008-06-23 to 2021-05-31:
12.3 (1) Subject to subsection (2), every person or entity that is required by section 12.1 to keep a copy of the report referred to in that section shall retain that copy for a period of at least five years following the day on which the report was made.
(2) Where the copy that is required by section 12.1 to be kept by a person is the property of their employer or a person or entity with which they are in a contractual relationship, they are not required to retain the copy after their employment or that contractual relationship ends.
- SOR/2007-293, s. 4
- Date modified: