/akn/sg/act/bill/2024/20

Anti-Money Laundering and Other Matters Bill

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This Act is the Anti‑Money Laundering and Other Matters Act 2024 and comes into operation on a date that the Minister appoints by notification in the Gazette.

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AMENDMENT OF CASINO CONTROL ACT 2006

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In the Casino Control Act 2006, in section 139 —(a)in the section heading, replace “and terrorism financing” with “, terrorism financing and financing of proliferation of weapons of mass destruction”;(b)in subsection (1), replace “and the financing of terrorism” with “, terrorism financing and the financing of proliferation of weapons of mass destruction,”;(c)in subsection (1)(b), replace “$10,000” with “$4,000”;(d)in subsection (1)(c), replace “$5,000” with “$4,000”; and(e)in subsection (1)(d), replace “or terrorism financing activity” with “, terrorism financing or the financing of proliferation of weapons of mass destruction”.

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In the Casino Control Act 2006, in section 200(2)(zb), replace “and the financing of terrorism” with “, terrorism financing and the financing of proliferation of weapons of mass destruction”.