The Prevention of Money-Laundering Act, 2002

Central Act · Act 15 of 200373 provisions567 citing judgments

The enactment

Long title	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.
Type	Act
Citation	Act 15 of 2003
Year	2003
Jurisdiction	Central
Ministry	Ministry of Finance
Status	In force as published by the source
Provisions published	73
Subjects	criminal

Full text, provision by provision

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Section 1 Short title, extent and commencement.3 citing judgments
Section 2 Definitions.25 citing judgments
Section 3 Offence of money-laundering.95 citing judgments
Section 4 Punishment for money-laundering.88 citing judgments
Section 5 Attachment of property involved in money-laundering.17 citing judgments
Section 6 Adjudicating Authorities, composition, powers, etc.1 citing judgment
Section 7 Staff of Adjudicating Authorities.5 citing judgments
Section 8 Adjudication.19 citing judgments
Section 9 Vesting of property in Central Government.1 citing judgment
Section 10 Management of properties confiscated under this Chapter.
Section 11 Power regarding summons, production of documents and evidence, etc.2 citing judgments
Section 11A Verification of Identity by Reporting Entity.1 citing judgment
Section 12 Reporting entity to maintain records.1 citing judgment
Section 12A Access to information.
Section 12AA Enhanced due diligence
Section 13 Powers of Director to impose fine.7 citing judgments
Section 14 No civil or criminal proceedings against reporting entity, its directors and employees in certain cases.1 citing judgment
Section 15 Procedure and manner of furnishing information by reporting entities.
Section 16 Power of survey.
Section 17 Search and seizure.13 citing judgments
Section 18 Search of persons.2 citing judgments
Section 19 Power to arrest.21 citing judgments
Section 20 Retention of property.1 citing judgment
Section 21 Retention of records.4 citing judgments
Section 22 Presumption as to records or property in certain cases.
Section 23 Presumption in inter-connected transactions.1 citing judgment
Section 24 Burden of proof.5 citing judgments
Section 25 Appellate Tribunal.
Section 26 Appeal to Appellate Tribunal.2 citing judgments
Section 35 Procedure and powers of Appellate Tribunal.2 citing judgments
Section 36 Distribution of business amongst Benches.
Section 37 Power of Chairperson to transfer cases.2 citing judgments
Section 38 Decision to be by majority.
Section 39 Right of appellant to take assistance of authorised representative and of Government to appoint presenting officers.
Section 40 Members, etc., to be public servants.
Section 41 Civil court not to have jurisdiction.2 citing judgments
Section 42 Appeal to High Court.3 citing judgments
Section 43 Special Courts.9 citing judgments
Section 44 Offences triable by Special Courts.49 citing judgments
Section 45 Offences to be cognizable and non-bailable.77 citing judgments
Section 46 Application of Code of Criminal Procedure, 1973 to proceedings before Special Court.4 citing judgments
Section 47 Appeal and revision.
Section 48 Authorities under Act.1 citing judgment
Section 49 Appointment and powers of authorities and other officers.
Section 50 Powers of authorities regarding summons, production of documents and to give evidence, etc.35 citing judgments
Section 51 Jurisdiction of authorities.1 citing judgment
Section 52 Power of Central Government to issue directions, etc.
Section 53 Empowerment of certain officers.
Section 54 Certain officers to assist in inquiry etc.
Section 55 Definitions.1 citing judgment
Section 56 Agreements with foreign countries.1 citing judgment
Section 57 Letter of request to a contracting State in certain cases.1 citing judgment
Section 58 Assistance to a contracting State in certain cases.1 citing judgment
Section 58A Special Court to release the property.
Section 58B Letter of request of a contracting State or authority for confiscation or release the property.1 citing judgment
Section 59 Reciprocal arrangements for processes and assistance for transfer of accused persons.1 citing judgment
Section 60 Attachment, seizure and confiscation, etc., of property in a contracting State or India.2 citing judgments
Section 61 Procedure in respect of letter of request.1 citing judgment
Section 62 Punishment for vexatious search.5 citing judgments
Section 63 Punishment for false information or failure to give information, etc.8 citing judgments
Section 64 Cognizance of offences.
Section 65 Code of Criminal Procedure, 1973 to apply.17 citing judgments
Section 66 Disclosure of information.4 citing judgments
Section 67 Bar of suits in civil courts.
Section 68 Notice, etc., not to be invalid on certain grounds.
Section 69 Recovery of fine or penalty.
Section 70 Offences by companies.9 citing judgments
Section 71 Act to have overriding effect.11 citing judgments
Section 72 Continuation of proceedings in the event of death or insolvency.
Section 72A Inter-ministerial Co-ordination Committee.
Section 73 Power to make rules.4 citing judgments
Section 74 Rules to be laid before Parliament.
Section 75 Power to remove difficulties.

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