Cap. 373 Art. 31Transmission of information to police for investigation.

(1) Where, following an analysis of a report received by the Unit under article 16(1)(a) and of any other information relevant to that report, the Unit is of the opinion that a reasonable suspicion of money laundering or funding of terrorism or a reasonable suspicion that property may have derived directly or indirectly from, or constitutes the proceeds of criminal activity subsists, an analytical report drawn up as is referred to under article

16(1)(a) shall be transmitted to the Police for further investigation.

(2) The provisions of sub-article (1) shall also apply mutatis mutandis to any knowledge or suspicion of money laundering or the underlying criminal activity, or funding of terrorism, which the Unit may have gathered or formed from information in its possession without having received any report as is referred to under sub-article (1).

(3) Where the Unit transmits information to the Police in pursuance of the provisions of sub-articles (1) and (2) and a subject person over which another authority or agency has supervisory or regulatory functions is involved, the Unit shall inform the said authority or agency of actions taken.

(4) Where the Unit transmits information to the Police in pursuance of sub-articles (1) and (2) it shall thereafter transmit to the Police any further relevant information in respect of the knowledge or suspicion communicated to the Police as aforesaid.

(5) The Police shall, upon request and in a timely manner, inform the Unit on the use made of information provided by the Unit under this article and on the outcome of any investigations carried out pursuant to the information provided.