Sri Lanka's Prevention of Money Laundering Act Quiz

UnabashedSuccess avatar
UnabashedSuccess
·
·
Download

Start Quiz

Study Flashcards

10 Questions

What is the title of the Act mentioned in the text?

Prevention of Money Laundering Act, No. 5 of 2006

When was the Act certified?

6th March, 2006

What is the purpose of the Act?

To prohibit money laundering and provide measures to combat it

Where was the Act printed?

Department of Government Printing, Sri Lanka

What is the price of the Act?

Rs. 19.00

According to the text, what is the full title of the Act?

Prevention of Money Laundering Act, No. 5 of 2006

What is the purpose of the Act mentioned in the text?

To prohibit money laundering in Sri Lanka; to provide the necessary measures to combat and prevent money laundering; and to provide for matters connected therewith or incidental thereto

What is the specific date when the Act was certified?

6th March, 2006

Where can the Act be purchased according to the text?

Government Publications Bureau, Colombo 1

What is the price of the Act as mentioned in the text?

Rs. 19.00

Study Notes

Introduction to the Prevention of Money Laundering Act

  • The Act was certified on March 6, 2006
  • The Act was published as a supplement to Part II of the Gazette of the Democratic Socialist Republic of Sri Lanka on March 10, 2006
  • The Act was printed at the Department of Government Printing, Sri Lanka

Objective and Scope of the Act

  • The Act aims to prohibit money laundering in Sri Lanka
  • The Act provides measures to combat and prevent money laundering
  • The Act covers matters connected with or incidental to money laundering

Citation and Application of the Act

  • The Act may be cited as the Prevention of Money Laundering Act, No. 5 of 2006
  • The provisions of the Act apply to all cases of money laundering in Sri Lanka

"Prevention of Money Laundering Act, No. 5 of 2006 Quiz" - Test your knowledge of the legislation governing anti-money laundering measures in the Democratic Socialist Republic of Sri Lanka. This quiz covers the key provisions and requirements outlined in the Act, providing a comprehensive understanding of its implications and applications. Ideal for legal professionals, compliance officers, and anyone seeking to enhance their knowledge of financial regulations in Sri Lanka.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser