AMLL definition

AMLL means anti-money laundering legislation, including the Financial Intelligence Centre Act 38 of 2001, the Prevention of Organised Crime Act 121 of 1998, the Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004, related amendments and regulations, and provisions and sections of other acts that may be relevant; • “bank” shall mean The Standard Bank of South Africa Limited;
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Examples of AMLL in a sentence

  • Since the date of the consolidated financial statements of ▇▇▇▇▇▇, dated December 31, 2007 and the consolidated interim statement dated June 30, 2008, there has been no material adverse change in Borrower’s financial condition, results of operations or business or in the value of Borrower’s Negative Pledge Assets.

  • You therefore consent to us providing any information to the authorities in terms of the AMLL.

  • AMLL obliges the “company” to report to the relevant authorities any suspicious transactions.

  • We shall not be liable to you or any third party in respect of any action or claim for damages arising from provision of information in terms of the AMLL.

  • The “company” shall not be liable to the client or any third party in respect of any action or claim for damages arising from provision of information in terms of AMLL.