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Money Laundering
Home Acts & Rules Money Laundering Act The Prevention of Money-Laundering Act, 2002 Chapters List

The Prevention of Money-Laundering Act, 2002

 
Chapter: I
Preliminary
Section 1 : Short title, extent and commencement.
Section 2 : Definitions.
Chapter: II
Offence of Money-Laundering
Section 3 : Offence of money-laundering.
Section 4 : Punishment for money-laundering.
Chapter: III
Attachment, Adjudication and Confiscation
Section 5 : Attachment of property involved in money-laundering.
Section 6 : Adjudicating authorities, composition, powers, etc.
Section 7 : Staff of Adjudicating Authorities.
Section 8 : Adjudication.
Section 9 : Vesting of property in Central Government.
Section 10 : Management of properties confiscated under this Chapter.
Section 11 : Power regarding summons, production of documents and evidence, etc.
Chapter: IV
Obligations of Banking Companies, Financial Institutions and Intermediaries
Section 12 : Reporting entity to maintain records.
Section 12A : Access to information.
Section 13 : Powers of director to impose fine.
Section 14 : No civil or criminal proceedings against reporting entity, its directors and employees in certain cases.
Section 15 : Procedure and manner of furnishing information by reporting entities.
Chapter: V
Summons, Searches and Seizures, Etc.
Section 16 : Power of survey.
Section 17 : Search and seizure.
Section 18 : Search of persons.
Section 19 : Power to arrest.
Section 20 : Retention of property.
Section 21 : Retention of records.
Section 22 : Presumption as to records or property in certain cases.
Section 23 : Presumption in inter-connected transactions.
Section 24 : Burden of proof.
Chapter: VI
Appellate Tribunal
Section 25 : Appellate Tribunal.
Section 26 : Appeals to Appellate Tribunal.
Section 27 : Composition, etc., of Appellate Tribunal.
Section 28 : Qualifications for appointment.
Section 29 : Terms of Office.
Section 30 : Conditions of service
Section 31 : Vacancies
Section 32 : Resignation and removal
Section 33 : Member to act as Chairperson in certain circumstances
Section 34 : Staff of Appellate Tribunal.
Section 35 : Procedure and powers of Appellate Tribunal.
Section 36 : Distribution of business amongst Benches.
Section 37 : Power of [Chairman] to transfer cases.
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.
Section 42 : Appeal to High Court.
Chapter: VII
Special Courts
Section 43 : Special Courts.
Section 44 : Offences triable by Special Courts.
Section 45 : Offences to be cognizable and non-bailable.
Section 46 : Application of Code of Criminal Procedure, 1973 to proceedings before Special Court.
Section 47 : Appeal and revision.
Chapter: VIII
Authorities
Section 48 : Authorities under Act.
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.
Section 51 : Jurisdiction of authorities.
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.
Chapter: IX
Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property
Section 55 : Definitions.
Section 56 : Agreements with foreign countries.
Section 57 : Letter of request to a contracting State in certain cases.
Section 58 : Assistance to a contracting State in certain cases.
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.
Section 59 : Reciprocal arrangements for processes and assistance for transfer of accused persons.
Section 60 : Attachment, seizure and confiscation, etc., of property in a contracting State or India.
Section 61 : Procedure in respect of letter of request.
Chapter: X
Miscellaneous
Section 62 : Punishment for vexatious search.
Section 63 : Punishment for false information or failure to give information, etc.
Section 64 : Cognizance of offences.
Section 65 : Code of Criminal Procedure, 1973 to apply.
Section 66 : Disclosure of information.
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.
Section 71 : Act to have overriding effect.
Section 72 : Continuation of proceedings in the event of death or insolvency.
Section 73 : Power to make rules.
Section 74 : Rules to be laid before Parliament.
Section 75 : Power to remove difficulties.
The Schedule
SCH : THE SCHEDULE - OFFENCES UNDER THE INDIAN PENAL CODE (45 OF 1860)
 
 
 
 
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