Section 13: The Authority–

(a) shall receive the reports required to be issued by financial institutions under sections 6 and 14; (b) shall send any reports referred to in paragraph (a) to the Director-General of CISU and the Attorney-General if, having considered the report, the Authority also has reasonable grounds to believe that the business transaction referred to in the report involves the proceeds of crime; (c) or a person authorised by the Authority in that behalf, may enter into the premises of any financial institution during normal working hours to inspect any business transaction record kept by that financial institution pursuant to paragraph (a) of section 14 and ask any questions relevant to such record and to make any notes or take any copies of the whole or any part of any such record; (d) send to the Director-General of CISU and the Attorney-General any information derived from an inspection carried out under paragraph (c), if it gives the Authority reasonable grounds to believe that a business transaction involves the proceeds of crime; (e) shall destroy any note or copy thereof made or taken under paragraph (c) within three years of the inspection except where any such note or copy has been sent to the Director-General of CISU or the Attorney-General; (f) may instruct any financial institution to take such steps as may be appropriate to facilitate any investigation anticipated by the Authority following a report or investigation made under this section; (g) may– (i) compile statistics and records on money laundering and disseminate information thereon both within and outside Sierra Leone; (ii) make to such persons as it may deem appropriate recommendations arising out of any information received; (iii) issue guidelines to financial institutions and advise the Minister responsible for finance with regard to matters relating to money laundering; (h) shall assess the training requirements and provide such training for any financial institution in respect of the business transaction record keeping and reporting obligations as provided in paragraphs (a) and (b) of section 14; (i) may consult with any relevant person, institution or organisation for the purposes of the Authority’s functions under paragraphs (f) and (g); (j) shall not conduct any investigation into money laundering other than for the purpose of ensuring compliance by a financial institution with this section and section 14. Functions of Authority. No. 6 Anti-Money Laundering Act 2005No. 6 Anti-Money Laundering Act 2005 1312