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Section 2: Definitions

The Prevention of Money-laundering(The Manner of Forwarding a Copy of the Order of Retention of Seized Property along with the Material to…Central Rules · 2003

(l) In these rules, unless the context otherwise requires,-

(a) "Act" means the Prevention of Money-Iaunderi.ng Act, 2002 (15 of 2003);

(b) "Adjudicating Authority" means an Adjudicating Authority appointed under sub-section (1) of section 6 of the Act;

(c) "authorised officer' means an officer authorised by the Director under sub-section (1) of section 20 of the Act;

(d) "designated officer" means an officer designated by the Adjudicating Authority for the purpose of sub-rule (1) of rule 4;

(e) "Form" means forms appended to these rules;

3[(f) "material" means any material in possession of the officer authorized under sub-section (1) of section 20 of the Act including,-

(i) a report forwarded to a Magistrate under section 157 of the Code of Criminal Procedure, 1973 (2 of 1974) or a complaint filed

1. Vide G.5.R. 447(E), dated Isr July, 2005, published in the Gazette of India, Extra., Pt. II, Sec. 3(i), da ted 1st July, 2005.

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

3. Subs. by G.5.R. 20(E), dated 7th january, 2010, for clause (f) (w.e.f, 7-1-2010). Clause (f), before substitution, stood as under:

'(f) "material" means any material in U1C possession of the authorised officer on the basis of which he has recorded reasons under sub-section (1) of section 20 of the Act including-

(i) a report forwarded to the Magistrate under section 173 of the Code of Criminal Procedure, 1973 (2 of 1974) in relation to an offence 1111derparagraph 1 of Part A, or paragraph 1 or paragraph 2 or paragraph 3 or paragraph 4, or paragraph 5 of Part B, of the Schedule; or

(ii) a police report or a complaint filed for taking cognizance of an offence by the Special Court constituted under sub-section (1) of section 36 oi the Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985) in relation to an offence under paragraph 2 of Part A of the Schedule:'.

98 The Prevention of Money-laundering (The Manner of Forwarding a Copy of the Order 0; Retention of Seized Property along with the Material to the Adjudicating Authority and the Period of its Retention) Rules, 2005 before a Magistrate or a court by a person authorized to investigate the scheduled offence for taking cognizance of such scheduled offence;

(ii) report forwarded to a Magistrate under section 173 of Code of Criminal Procedure 1973 (2 of 1974) or a complaint filed before a Magistrate or a court by a person authorized to investigate the scheduled offence for taking cognizance of such scheduled offence.]

(g) "order" means the order for retention of the property for the purposes of adjudication;

(h) "seized property" means any property seized under section 17 or section 18 of the Act;

(i) "Schedule" means the Schedule to the Act;

(j) "section" means a section of the Act.

(2) All other words and expressions used and not defined in these rules but defined in the Act shall have the meaning respectively assigned to them in the Act.

Where this provision sits

ActThe Prevention of Money-laundering(The Manner of Forwarding a Copy of the Order of Retention of Seized Property along with the Material to the Adjudicating Authority and the Period of its Retention)…
Section2
Marginal noteDefinitions
JurisdictionCentral
StatusIn force as published by the source

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