FINANCIAL INTELLIGENCE CENTRE ACT ( Sample Clauses
FINANCIAL INTELLIGENCE CENTRE ACT (. FICA")
9.1 The Seller and the Purchaser acknowledge that the nominated conveyancer is designated as “accountable institutions” in terms of FICA.
9.2 The Seller and the Purchaser hereby agree to comply with all the FICA requirements of the conveyancer and to supply the conveyancer with all their respective FICA requirements within three days of demand made therefore.
9.3 The Seller and the Purchaser hereby acknowledge that the conveyancer is not permitted in terms of FICA to invest and administer any deposits or any other monies paid in terms of this agreement, unless the Seller and the Purchaser have provided the conveyancer with the documentation and information the conveyancer requires in terms of FICA.
9.4 The Seller and the Purchaser hereby agree that the conveyancer shall not be liable for any loss or damage suffered by either of them, as a result of either Seller or the Purchaser failing to comply with the provisions of this clause.
FINANCIAL INTELLIGENCE CENTRE ACT (. This act requires that the Administrator obtains certain information to verify who you are before it processes your application.
FINANCIAL INTELLIGENCE CENTRE ACT (. This act requires that we obtain certain information to verify your identity before we process your application. The purpose of this act is to prevent money laundering and terrorist financing.
FINANCIAL INTELLIGENCE CENTRE ACT (. This act requires that ▇▇▇▇▇ ▇▇▇▇ obtains certain information to verify who you are before it processes your application.
FINANCIAL INTELLIGENCE CENTRE ACT (. The purchaser and seller hereby agree to comply with all the terms and conditions of the Financial Intelligence Centre Act (FICA) and to furnish the conveyancers with such documents as they may require to satisfy themselves that the terms of FICA are complied with.
FINANCIAL INTELLIGENCE CENTRE ACT (. FICA")
10.1 The Seller and the Purchaser are required to furnish the Attorney with all documentation in compliance with the Financial Intelligence Centre Act