16. Failure to disclose knowledge or information to be an offence

or

Officer or to the Designated Officer of the Commission to

Investigate Allegations of Bribery or Corruption, commits an offence:

Provided however, an Attorney-at-Law who in the course of the performance of his professional duties receives information pertaining to the existence of or any information relating to proceeds of crime, he shall not be required to provide such information to the Police Designated Officer or to the Designated Officer of the Commission to Investigate

Allegations of Bribery or Corruption, if he is required in terms of professional ethics to maintain confidentiality relating to such information:

Provided further, any person who in the course of his employment or providing professional services receives or becomes aware of any information pertaining to any proceeds of crime, and provides such information to the compliance officer appointed in terms of section 14 of the

Financial Transactions Reporting Act or in the absence of a compliance officer to the supervisory authority recognized for the purposes of the Financial Transactions Reporting

Act and where there is no such supervisory authority, to the principal executive officer of his employer, shall not be required to comply with such disclosure:

Provided further, where any person fails to disclose such information as provided in this section, if it appears that the purpose for failure to disclose information by such person was in good faith and for the purpose of facilitating the advancement of the objectives of this Act, such person who fails to disclose such information shall be deemed not to have committed an offence.