(1) There continues to be a body to be known as the Financial Intelligence Authority.
(2) The Authority consists of 5 persons appointed for a term of 2 years by the Minister as follows —
(a) a Chairperson;
(b) a representative of the Financial Services Regulatory Authority; (Amended by Act 16 of 2021)
(c) a representative from the Attorney General's Chambers;
(d) a person with expertise in the area of law enforcement;
(e) a person with expertise in the area of accounting.
(3) The Authority must be serviced by a secretariat comprising —
(a) the Director who is the Chief Executive Officer of the Authority;
(b) such number of police officers, customs officers, inland revenue officers or persons from the private sector having suitable qualifications and experience to serve as financial investigators;
(c) such other general support personnel as the Authority considers necessary.
(4) A police officer, customs officer or inland revenue officer that services the secretariat under subsection (3) retains the powers provided —
(a) in the case of a police officer, under the Police Act and the Criminal Code;
(b) in the case of a customs officer, under the Customs (Control and Management) Act;
(c) in the case of an inland revenue officer, under the Income Tax Act.
(5) The Authority shall appoint a Director and such other general support personnel as the Authority considers necessary on such terms and conditions as the Authority may determine. (Substituted by Act 9 of 2011)
(6) The Authority may, with the approval of the Minister, in writing, appoint consultants having suitable qualifications and experience to provide services to the Authority.