Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsProcedure if identity is not satisfactorily established
| 3. If satisfactory evidence of identity is not submitted to an Institution as required in terms of the provisions of section 2, the Institution shall not proceed any further with the transaction unless directed to do so by the Financial Intelligence Unit established in terms of this Act, and shall report the attempted transaction to the Financial Intelligence Unit as a suspicious transaction under section 7. |