Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations
4 (1) Subject to subsection (2), every British Columbia notary public and every British Columbia notary corporation is subject to Part 1 of the Act when they engage in any of the following activities on behalf of any person or entity, including the giving of instructions on behalf of any person or entity in respect of those activities:
(a) receiving or paying funds, other than those received or paid in respect of professional fees, disbursements, expenses or bail;
(b) purchasing or selling securities, real estate or business assets or entities; or
(c) transferring funds or securities by any means.
(2) Subsection (1) does not apply in respect of a British Columbia notary public when they engage in any of the activities referred to in that subsection on behalf of their employer.
- SOR/2007-293, s. 3
- Date modified: