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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2015 Chapters List Chapter IX PART VII AMENDMENTS TO THE PREVENTION OF MONEY-LAUNDERING ACT, 2002 This

Clause 177 - Amendment of Schedule - FINANCE BILL, 2015

FINANCE BILL, 2015
Chapter IX PART VII
AMENDMENTS TO THE PREVENTION OF MONEY-LAUNDERING ACT, 2002
  • Contents

Amendment of Schedule

177. In the Schedule to the Money-laundering Act, after Part A, the following Part shall be inserted, namely:--

“PART B

OFFENCE UNDER THE CUSTOMS ACT, 1962

Section

Description of offence

132

False declaration, false documents, etc.”.

 

 



 

Notes on Clauses:

Clause 177 of the Bill seeks to amend the Schedule to the 2002 Act. It seeks to insert section 132 of the Customs Act, 1962 as predicate offence in paragraph 1 to Part B.

 
 
 
 

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