Section 3: Objectives

## 3. Objectives

(1) The principal objective of the Centre is to assist in the–

(a) identification of the proceeds of unlawful activities;

(aA) identification of persons involved in money laundering activities, offences relating to the financing of terrorist and related activities and proliferation financing activities;

(b) combating of money laundering activities, the financing of terrorist and related activities and proliferation financing activities; and

⁴ In terms of section 1 of the Prevention Act, this term means "conduct which constitutes a crime or which contravenes any law, whether such conduct occurred before or after the commencement of this Act and whether such conduct occurred in the Republic or elsewhere".

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(c) implementation of financial sanctions pursuant to resolutions adopted by the Security Council of the United Nations, under Chapter VII of the Charter of the United Nations.

(2) The other objectives of the Centre are—

(a) to make information it collects and produces available to—

(i) an investigating authority;

(ii) the National Prosecuting Authority;

(iii) an intelligence service;

(iv) the South African Revenue Service;

(v) the Independent Police Investigative Directorate;

(iv) the Intelligence Division of the National Defence Force;

(vii) a Special Investigating Unit;

(viii) the office of the Public Protector;

(ix) an investigative division in a national department;

(x) a supervisory body; or

(xi) the investigative division of the Auditor-General,

to facilitate the administration and enforcement of the laws of the Republic;

(aA) to administer measures requiring persons to freeze property and transactions pursuant to financial sanctions that may arise from resolutions adopted by the Security Council of the United Nations contemplated in section 26A;

(aaA) to produce forensic evidence, based on the application of specialised scientific methods and techniques, pertaining to the flow of financial transactions and the links between persons, and between persons and property, based on the flow of financial transactions;

(b) to exchange information with bodies with similar objectives in other countries regarding money laundering activities, the financing of terrorist and related activities, and other similar activities;

(c) to supervise and enforce compliance with this Act or any directive made in terms of this Act and to facilitate effective supervision and enforcement by supervisory bodies.