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Prevention of Money-laundering (Appeal) Amendment Rules, 2016

Ministry of Finance, Department of Revenue, Notification dated 6th December, 2016

G.S.R. 1116(E).—In exercise of the powers conferred by sub-section (1) and clause (r) and clause (x) of subsection (2) of section 73, read with section 35 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following rules to amend the Prevention of Money-laundering (Appeal) Rules, 2005, namely:-

1. (1) These rules may be called the Prevention of Money-laundering (Appeal) Amendment Rules, 2016.
(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Prevention of Money-laundering (Appeal) Rules, 2005, in rule 3, in sub-rule (2), in the Table, against serial number 3, in the second column, the words, letters and figure “and upto Rs.1 lakh” shall be omitted.


[Notification No. 5/2016/P.12011/8/2016-ES Cell-DOR]


Note : The principal rules were published in Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (i) vide number G.S.R. 449(E), dated the 1st July, 2005.

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