Criminal Justice (Money Laundering and Terrorist Financing) Act 2010
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Exemption from section 35 (1). |
36.— (1) A designated person is not required to comply with section 35 (1) if the designated person has reasonable grounds for believing that the customer or product concerned is a specified customer or specified product, as the case may be. | |
(2) The exemption provided for in subsection (1) does not apply to a designated person in any of the following circumstances: | ||
(a) the customer concerned is from a place that is designated under section 32 ; | ||
(b) section 33 (1)(c) or (d) or (4) applies; | ||
(c) a designated person is required to apply measures, in relation to the customer or beneficial owner (if any) concerned, under section 37 . | ||
(3) For the purposes of this section, “specified customer” and “specified product” have the same meanings as they have in section 34 . |