Law on the amendment of the law on preventive measures against the laundering of goods and the financing of terrorism and the law on financial activities

(Penis transfers between Denmark and Faroe Islands)

We, by God's grace, the Queen of the Danes, do our thing.

The parliament has adopted the following law, and we know that the following law has been approved by Parliament's consent :

§ 1

In the law on preventive measures against the laundering of the yield and financing of terrorism, cf. Law Order no. 442 of 11. In May 2007, the following changes are made :

1. I section 16 (4). 1, is changed " cf. however, paragraph 1 Two and three. " to : " cf. however, paragraph 1 2, 3 and 5. "

2. I section 16 (4). 2, ' domestic transfers of wire ` shall be replaced by : ' transfers of wire transfers within Denmark and between Denmark and the Faroe Islands ` ;

3. I section 16 (4). 2, no. 2, the words ' this law ` shall be replaced by ' this law or equivalent rules for the Faroe Islands and '.

4. section 16 (4). 3, ITREAS :

" Stop. 3. The requirements for the information to accompany a cash transfer, cf. Article 5 of the Regulation shall not apply to transfers of money to organisations with a non-profit purpose, when :

1) the transferred amount does not exceed EUR 150 ;

2) the transfer shall be carried out within Denmark or between Denmark and the Faroe Islands ;

3) the organisation is subject to clearance of accounts and

4) the organisation shall be subject to official supervision or external audits carried out by a state sautorised or registered auditor. ' ;

5. I § 16 pasted as paragraph 5 :

" Stop. 5. The rules applicable to transfers of funds within Denmark pursuant to the Regulation shall apply mutatis mucoffers to transfers between Denmark and the Faroe Islands. `

§ 2

In the law of financial activities, cf. Law Order no. 1413 by 10. In December 2007, as amended by Section 4 of Law No 219 of 5. April 2008, the following changes are made :

1. I $360, paragraph. 2, the following ' Law on Preventive Action against the laundering of yield and financing of terrorism ' shall be inserted ' : ` and section 3 (1). Two, in the Faeroe Islands, on information to be sent on the payment of money transfers, ".

2. I Section 361 (1). 1, no. 22, is inserted after ' Section 16 (1). 4, ' : ' and the law for the Faroe Islands on information to be sent on the payment of money transfers, section 3 (4). TWO, "

§ 3

The Minister for Economic and Business Affairs sets out the date of the law.

§ 4

The law does not apply to the Faroe Islands and Greenland, but can, in the case of the Faroe Islands and Greenland, be in force in full or in part, with the deviations from which the special ferry and Greenland conditions are worded.