MPs serving on Parliament’s Standing Committee on Finance should follow the National Treasury’s lead and abandon key clauses in the General Laws (Anti-Money Laundering and Combating of Terrorism Financing) Amendment Bill which stand to harm the independence of non-profit organisations.
So says the Institute of Race Relations (IRR), noting that the welcome decision by the Treasury to abandon clauses 8 through 14 of the Bill coincides with recommendations in the Institute’s own submission on the draft legislation. Submissions closed yesterday.
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