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Home Acts & Rules Bill Bills FINANCE (No. 2) BILL, 2019 Chapters List Part XIII AMENDMENTS TO THE PREVENTION OF MONEY-LAUNDERING ACT, 2002 This
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Clause 190D - Amendment of section 45 - FINANCE (No. 2) BILL, 2019

FINANCE (No. 2) BILL, 2019
Part XIII
AMENDMENTS TO THE PREVENTION OF MONEY-LAUNDERING ACT, 2002
  • Contents

While Passing the bill in the Loksabha as on 18-7-2019, the following clause was inserted:

Amendment of section 45

190D. In section 45 of the principal Act, after sub-section (2), the following Explanation shall be inserted, namely:-

Explanation.- for the removal of doubts, it is clarified that the expression “Offences to be cognizable and non-bailable” shall mean and shall be deemed to have always meant that all offences under this Act shall be cognizable offences and non-bailable offences notwithstanding anything to the contrary contained in the Code of Criminal Procedure, 1973 (2 of 1974), and accordingly the officers authorised under this Act are empowered to arrest an accused without warrant, subject to the fulfilment of conditions under section 19 and subject to the conditions enshrined under this section.”.’. (28)

 

 
 
 
 
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