Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

42 (1) Subject to section 44, every casino shall keep a large cash disbursement record in respect of each of the following transactions in the course of which the total amount of cash disbursed is $10,000 or more:

• (a) the redemption of chips, tokens or plaques;

• (b) front cash withdrawals;

• (c) safekeeping withdrawals;

• (d) advances on any form of credit, including advances by markers or counter cheques;

• (e) payments on bets, including slot jackpots;

• (f) payments to a client of funds received for credit to that client or any other client;

• (g) the cashing of cheques or other negotiable instruments; and

• (h) reimbursements to clients of travel and entertainment expenses.

(2) For the purpose of subsection (1), the large cash disbursement record shall set out

• (a) the name of the person to whom the disbursement is made;

• (b) the person’s address and the nature of their principal business or occupation; and

• (c) the date and nature of the disbursement.