Question: after how long should this contril be reviewed? Financial Intelligence Centre Amendment Act, 2 0 1 7 , Section 2 4 ( 1 ) -
after how long should this contril be reviewed? "Financial Intelligence Centre Amendment Act, Section The duties imposed by sections and A on an accountable institution to keep a record of the matters specified in those sections may be performed by a third party on behalf of the accountable institution as long as the accountable institution has free and easy access to the records and the records are readily available to the Centre and the relevant supervisory body for the purposes of performing its functions in terms of this Act.
If a third party referred to in subsection fails to properly comply with the requirements of sections and A on behalf of the accountable institution concerned, the accountable institution is liable for that failure.
If an accountable institution appoints a third party to perform the duties imposed on it by sections and A the accountable institution must forthwith provide the Centre and the supervisory body concerned with the prescribed particulars regarding the third party.
Records kept in terms of sections and A may be kept in electronic form and must be capable of being reproduced in legible manner."
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