Other definitions

Question 1

Act

Answer 1

To take action or do something, to bring about a result

Question 2

Bank note

Answer 2

any negotiable instrument used or intended for use as a currency and issued by the Reserve Bank of New Zealand

Question 3

Border Case Report (BCR)

Answer 3

Collected by Customs New Zealand when >$10,000 declared by a traveler

Question 4

Lien

Answer 4

A right over anothers property to protect a debt charged on that property

Question 5

Deal with

Answer 5

in relation to property, means to deal with in any manner and by any means, including without limitation:
- dispose by sale, purchase, gift or otherwise
- transfer possession
- bring into NZ
- remove from NZ

Question 6

Deliberate

Answer 6

More than accidental or involuntary

Question 7

Prescribed Transaction Reports (PTRs)

Answer 7

International Funds Transfer Instruction (IFTI) reports > $1,000
Cash Transaction Reports (CTRs) over $10,000

Question 8

Proceeds

Answer 8

in relation to an offence, means any property that is derived or realised directly or indirectly by any person from the commission of the offence

Question 9

Reckless

Answer 9

A conscious and deliberate taking of unjustified risk

Question 10

Result

Answer 10

Aim, object, purpose

Question 11

Suspicious Transaction Report (STR)

Answer 11

made by any financial institution when they discover a suspicious transaction

Question 12

Person

Answer 12

Person, owner, and other words and expressions of the like kind, include the Crown and any public body or local authority, and any board, society, or company, and any other body of persons, whether incorporated or not, and the inhabitants of the district of any local authority, in relation to such acts and things as it or they are capable of doing or owning.