Cross-boundary Movement of Physical Currency and Bearer Negotiable
Instruments Ordinance
- (b) if the person is a young person—may require an adult accompanying the person to disclose whether the person is in possession of a large quantity of CBNIs.
(3) A person who fails to comply with a requirement under subsection (2)(a) commits an offence.
(4) An adult accompanying a person who knows the person is a young person in possession of a large quantity of CBNIs commits an offence if the adult fails to comply with a requirement under subsection (2)(b).
(5) A person who, in purported compliance with a requirement under subsection (2), falsely discloses that the person or the young person is not in possession of a large quantity of CBNIs commits an offence.
(6) A person who commits an offence under subsection (3), (4) or (5) is liable on conviction to a fine of $500,000 and to imprisonment for 2 years.
(7) It is a defence for a person charged under subsection (5) if the person establishes that at the time of the alleged offence the person did not know, had no reason to suspect, and could not with reasonable diligence have ascertained, that the person or the young person was in possession of a large quantity of CBNIs.
6. Declaration by persons making disclosure under section 5
(1) This section applies in relation to a person who makes a disclosure in compliance with a requirement made by an authorized officer under section 5(2) if—
- (a) the person or the young person concerned is in possession of a large quantity of CBNIs; and
- (b) the person discloses that fact.
