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Decision of the AML Committee

Money Laundering And Terrorism (Prevention) (National Anti-Money Laundering Committee) Regulations, reg. 9 · Revised Edition 2020

(1) A decision of a majority of the members present and able to vote is a decision of the AML Committee. AML (2) A resolution is a valid resolution of the AML Committee, even though it was not passed at a meeting of the AML Committee where– (a) it is signed or assented to by letter or facsimile transmission by a majority of the members; and (b) written notice of the proposed resolution was given to all members.
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