Namibia Government Gazette dated 2009-05-07 number 4256

GOVERNMENT GAZETTE
OF THE

REPUBLIC OF NAMIBIA
N$2.60

WINDHOEK - 7 May 2009

No. 4256

CONTENTS

Page

GENERAL NOTICES
No. 68

Determination under the Financial Intelligence Act, 2007 (Act No. 3 of 2007): Period within which
an Accountable Institution May not Proceed with the Carrying Out of a Transaction (FICD 1) .........

1

No. 69

Determination under the Financial Intelligence Act, 2007 (Act No. 3 of 2007): Period for Establishment of Identity of Existing Clients by Accountable Institutions (FICD 2) .........................................

5

No. 70

Determination under the Financial Intelligence Act, 2007 (Act No. 3 of 2007): (1) Amount of Transaction above Which Accountable Institutions Must Establish Identity of Clients; (2) Period during
which Multiple Transactions Must Be Considered a Single Transaction (FICD3) ..............................

8

Repeal of determinations under the Banking Institutions Act, 1998 ....................................................

13

No. 71

________________

General Notices
BANK OF NAMIBIA
No. 68

2009

DETERMINATION UNDER THE FINANCIAL INTELLIGENCE ACT, 2007 (ACT
NO. 3 OF 2007): DETERMINATION ON PERIOD WITHIN WHICH AN ACCOUNTABLE
INSTITUTION MAY NOT PROCEED WITH THE CARRYING OUT OF A TRANSACTION
In my capacity as Governor of the Bank of Namibia, and under the powers vested in the Bank by
virtue of section 28(1) of the Financial Intelligence Act, 2007 (Act No. 3 of 2007) I hereby issue the
Determination on Period within Which an Accountable Institution May not Proceed with the Carrying
Out of a Transaction (FICD 1), which Determination shall become effective on 7 May 2009.
T.K. ALWEENDO
GOVERNOR