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Section 4: Interpretation

The Prevention of Money-laundering (Manner of Receiving the Records Authenticated Outside India) Rules, 2005Central Rules · 2003

If any question arises relating to the interpretation of these rules, the matter shall be referred to the Central Government and the decision of the Central Government shall be final.

1. Vide G.S.R. 448 (E), dated 1st July, 2005, published in the Gazette of India, Extra., Pt. II, Sec. 3(i), dated 1st July, 2005.

2. Came into force on 1-7-2005.

~---.--.---- 104 The Prevention of Money-laundering (Appeal) Rules, 2005 [Rule 5 TABLE

51.No. Amount of fine imposed Amount of fee payable l. Where the amount of fine imposed under Rs. 1,000 sub-section (2) of section 13 of the Act is Rs. 10,000.

2. Where the amount of fine imposed under Rs.2,500 sub-section (2) of section 13 of the Act is more than Rs. 10,000 and upto Rs. 50,000.

3. Where the amount of fine imposed under Rs.5,000 sub-section (2) of section 13 of the Act is more than Rs. 50,000 l[***J Appeal against attachment of any property or retention of the seized property or record.

4. Where appeal is against the orders made by the Rs. l~,bifO Adjudicating Authority under sub-section (3) or sub-section (6) of section 8 of the Act.

(3) The appeal shall set forth concisely and under distinct head the grounds of objection to the order appealed against and such grounds shall be numbered consecutively; and shall specify the address of service at which notice or other processes of the Appellate Tribunal may be served on the appellant and the date on which the order appealed against was served on the appellant.

(4)Where the appeal is preferred after the expiry of the period of forty-five days referred to in sub-section (3)of section 26of the Act, it shall be accompanied by a petition, in quadruplicate, duly verified and supported by the documents, if any, relied upon by the appellant, showing cause as to how the appellant had been prevented from preferring the appeal within the period of forty-five days.

(5) Any notice required to be served on the appellant shall be served on him in the manner prescribed in rule 5 of these rules at the address of service specified in the appeal.

4. Order of the Appellate Tribunal.- The order of the Appellate Tribunal s9-allbe in writing and shall state the reasons for the decision.

Where this provision sits

ActThe Prevention of Money-laundering (Manner of Receiving the Records Authenticated Outside India) Rules, 2005
Section4
Marginal noteInterpretation
JurisdictionCentral
StatusIn force as published by the source

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