8.—(1) For the purposes of section 48I(2) of the Act, a prescribed person shall not proceed with a cash transaction referred to in section 48I(1)(a) of the Act with a customer if there exists either or both of the following prescribed circumstances:
(a)
the prescribed person is unable, for any reason, to complete the customer due diligence measures referred to in section 48I(1) of the Act;
(b)
the customer is unable or unwilling to provide any information requested by the prescribed person for the purposes of performing the customer due diligence measures referred to in section 48I(1) of the Act.
(2) For the purposes of section 48I(2) of the Act, a prescribed person shall not proceed with any of the cash transactions referred to in section 48I(1)(b) of the Act if there exists one or more of the following prescribed circumstances:
(a)
the prescribed person is unable, for any reason, to complete the customer due diligence measures referred to in section 48I(1) of the Act for one or more of those cash transactions;
(b)
in any case involving 2 or more cash transactions in a single day with the same customer, the customer is unable or unwilling to provide any information requested by the prescribed person for the purposes of performing the customer due diligence measures referred to in section 48I(1) of the Act;
(c)
in any case involving 2 or more cash transactions in a single day with customers whom the prescribed person knows act on behalf of the same person, one or more of those customers is unable or unwilling to provide any information requested by the prescribed person for the purposes of performing the customer due diligence measures referred to in section 48I(1) of the Act.