The Prevention of Money-Laundering Act `2003
An Act to prevent money-laundering and to provide for confiscation of property derived from, or involved in, money-laundering and for matters connected therewith or incidental thereto.
List of Chapters & Sections
PRELIMINARY
OFFENCE OF MONEY-LAUNDERING
ATTACHMENT, ADJUDICATION AND CONFISCATION
- 5Attachment of property involved in money-laundering
- 6Adjudicating Authorities, composition, powers, etc
- 7Staff of Adjudicating Authorities
- 8Adjudication
- 9Vesting of property in Central Government
- 10Management of properties confiscated under this Chapter
- 11Power regarding summons, production of documents and evidence, etc
- 11AVerification of Identity by Reporting Entity
OBLIGATIONS OF BANKING COMPANIES, FINANCIAL INSTITUTIONS AND INTERMEDIARIES
SUMMONS, SEARCHES AND SEIZURES, ETC
APPELLATE TRIBUNAL
- 25Appellate Tribunal
- 26Appeal to Appellate Tribunal
- 27[Omitted.]
- 28[Omitted.]
- 29[Omitted.]
- 30[Omitted.]
- 31[Omitted.]
- 32[Omitted.]
- 33[Omitted.]
- 34[Omitted.]
- 35Procedure and powers of Appellate Tribunal
- 36Distribution of business amongst Benches
- 37Power of Chairperson to transfer cases
- 38Decision to be by majority
- 39Right of appellant to take assistance of authorised representative and of Government to appoint presenting officers
- 40Members, etc., to be public servants
- 41Civil court not to have jurisdiction
- 42Appeal to High Court
SPECIAL COURTS
AUTHORITIES
- 48Authorities under Act
- 49Appointment and powers of authorities and other officers
- 50Powers of authorities regarding summons, production of documents and to give evidence, etc
- 51Jurisdiction of authorities
- 52Power of Central Government to issue directions, etc
- 53Empowerment of certain officers
- 54Certain officers to assist in inquiry etc
RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY
- 55Definitions
- 56Agreements with foreign countries
- 57Letter of request to a contracting State in certain cases
- 58Assistance to a contracting State in certain cases
- 58ASpecial Court to release the property
- 58BLetter of request of a contracting State or authority for confiscation or release the property
- 59Reciprocal arrangements for processes and assistance for transfer of accused persons
- 60Attachment, seizure and confiscation, etc., of property in a contracting State or India
- 61Procedure in respect of letter of request
MISCELLANEOUS
- 62Punishment for vexatious search
- 63Punishment for false information or failure to give information, etc
- 64Cognizance of offences
- 65Code of Criminal Procedure, 1973 to apply
- 66Disclosure of information
- 67Bar of suits in civil courts
- 68Notice, etc., not to be invalid on certain grounds
- 69Recovery of fine or penalty
- 70Offences by companies
- 71Act to have overriding effect
- 72Continuation of proceedings in the event of death or insolvency
- 73Power to make rules
- 74Rules to be laid before Parliament
- 75Power to remove difficulties