SECTIONS
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Prevention
of Money-laundering Act, 2002
As Amended upto date
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Preamble |
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CHAPTER I: PRELIMINARY |
| 1. |
Short
title, extent and commencement |
| 2. |
Definitions |
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CHAPTER II : OFFENCE OF MONEY-LAUNDERING |
| 3. |
Offence
of money-laundering |
| 4. |
Punishment
for money-laundering |
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CHAPTER III: ATTACHMENT, ADJUDICATION AND CONFISCATION |
| 5. |
Attachment
of property involved in money-laundering |
| 6. |
Adjudicating
Authorities, composition, powers, etc |
| 7. |
Staff
of Adjudicating Authorities |
| 8. |
Adjudication |
| 9. |
Vesting
of property in Central Government |
| 10. |
Management
of properties confiscated under this Chapter |
| 11. |
Power
regarding summons, production of documents and evidence,
etc |
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CHAPTER IV: OBLIGATIONS OF BANKING COMPANIES,
FINANCIAL INSTITUTIONS AND INTERMEDIARIES |
| 12. |
Banking
companies, financial institutions and intermediaries to
maintain records |
| 13. |
Powers
of Director to impose fine |
| 14. |
No
civil proceedings against banking companies, financial
institutions, etc., in certain cases |
| 15. |
Procedure
and manner of furnishing information by banking company,
financial institution and intermediary |
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CHAPTER V: SUMMONS, SEARCHES AND SEIZURES, ETC. |
| 16. |
Power
of survey |
| 17. |
Search
and seizure |
| 18. |
Search
of persons |
| 19. |
Power
to arrest |
| 20. |
Retention
of property |
| 21. |
Retention
of records |
| 22. |
Presumption
as to records or property in certain cases |
| 23. |
Presumption
in inter-connected transactions |
| 24. |
Burden
of proof |
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CHAPTER VI: APPELLATE TRIBUNAL |
| 25. |
Establishment
of Appellate Tribunal |
| 26. |
Appeal
to Appellate Tribunal |
| 27. |
Composition,
etc., of Appellate Tribunal |
| 28. |
Qualifications
for appointment |
| 29. |
Term
of office [Omitted] |
| 30. |
Conditions
of service |
| 31. |
Vacancies |
| 32. |
Resignation
and removal |
| 33. |
Member
to act as Chairperson in certain circumstances |
| 34. |
Staff
of Appellate Tribunal |
| 35. |
Procedure
and powers of Appellate Tribunal |
| 36. |
Distribution
of business amongst Benches |
| 37. |
Power
of Chairperson to transfer cases |
| 38. |
Decision
to be by majority |
| 39. |
Right
of appellant to take assistance of authorized representative
and of Government to appoint presenting officers |
| 40. |
Members,
etc., to be public servants |
| 41. |
Civil
court not to have jurisdiction |
| 42. |
Appeal
to High Court |
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CHAPTER VII :SPECIAL COURTS |
| 43. |
Special
Courts |
| 44. |
Offences
triable by Special Courts |
| 45. |
Offences
to be cognizable and non-bailable |
| 46. |
Application
of Code of Criminal Procedure, 1973 to proceedings before
Special Court |
| 47. |
Appeal
and revision |
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CHAPTER VIII: AUTHORITIES |
| 48. |
Authorities
under Act |
| 49. |
Appointment
and powers of authorities and other officers |
| 50. |
Powers
of authorities regarding summons, production of documents
and to give evidence, etc |
| 51. |
Jurisdiction
of authorities |
| 52. |
Power
of Central Government to issue directions, etc |
| 53. |
Empowerment
of certain officers |
| 54. |
Certain
officers to assist in inquiry, etc |
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CHAPTER IX: RECIPROCAL ARRANGEMENT FOR ASSISTANCE
IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION
OF PROPERTY |
| 55. |
Definitions |
| 56. |
Agreements
with foreign countries |
| 57. |
Letter
of request to a contracting State in certain cases |
| 58. |
Assistance
to a contracting State in certain cases |
| 59. |
Reciprocal
arrangements for processes and assistance for transfer
of accused persons |
| 60. |
Attachment,
seizure and confiscation, etc., of property in a contracting
State or India |
| 61. |
Procedure
in respect of letter of request |
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CHAPTER
X: MISCELLANEOUS |
| 62. |
Punishment
for vexatious search |
| 63. |
Punishment
for false information or failure to give information,
etc |
| 64. |
Cognizance
of offences |
| 65. |
Code
of Criminal Procedure, 1973 to apply |
| 66. |
Disclosure
of information |
| 67. |
Bar
of suits in civil courts |
| 68. |
Notice,
etc., not to be invalid on certain grounds |
| 69. |
Recovery
of fines |
| 70. |
Offences
by companies |
| 71. |
Act
to have overriding effect |
| 72. |
Continuation
of proceedings in the event of death or insolvency |
| 73. |
Power
to make rules |
| 74. |
Rules
to be laid before Parliament |
| 75. |
Power
to remove difficulties |
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THE
SCHEDULE |
