Regulatory Alerts1999-01-01
Exchange Control Regulations 1999
Issued by the Head of State of Samoa under the Central Bank of Samoa Act 1984, these regulations repeal the 1961 Exchange Control Regulations and establish a comprehensive framework for managing foreign exchange. The Central Bank of Samoa is empowered to restrict the transfer of money and securities from Samoa, license foreign exchange dealers, and control the export of goods and their proceeds. The document defines offences and penalties for non-compliance, including fines and imprisonment, while granting the Minister final authority over appeals against Central Bank decisions.
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