TMI BlogPrevention of Money-laundering (Forms, Search and Seizure or Freezing and the Manner of Forwarding the Reasons and Material to the Adjudicating Authority, impounding and Custody of Records and the Period of Retention) (Amendment) Rules 2013.X X X X Extracts X X X X X X X X Extracts X X X X ..... hereby makes the following rules to amend the Prevention of Money-laundering (Forms, Search and Seizure and the Manner of Forwarding the Reasons and Material to the Adjudicating Authority, Impounding and Custody of Records and the Period of Retention) Rules, 2005 , namely:- Short title and commencement 1. (1) These rules may be called the Prevention of Money-laundering (Forms, Search and Seizure or Freezing and the Manner of Forwarding the Reasons and Material to the Adjudicating Authority, impounding and Custody of Records and the Period of Retention) (Amendment) Rules 2013. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Prevention of Money-laundering (Forms, Search and Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mplaint filed before a Magistrate or a Court by a person authorized to investigate the scheduled offence for taking cognizance of such scheduled offence; as the case may be, or in cases where such report is not required to be forwarded, a similar report of information received or otherwise submitted by an officer authorized to investigate a scheduled offence to an officer not below the rank of Additional Secretary to the Government of India or equivalent being Head of the office or Ministry or Department or Unit, as the case may be, or any other officer who may be authorized by the Central Government, by notification, for this purpose;' (iii) for clause (k), the following clause shall be substituted, namely :- '(k) material f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is not practicable to seize any record or property, the officer or the authority, as the case may be, may pass an order to freeze such property whereupon the property shall not be transferred or otherwise dealt with, except with the prior permission of the officer or the authority making such order, and a copy of such order shall be served on the person concerned. . 6. In the principal rules, in rule 8 for the marginal heading, the following marginal heading shall be substituted, namely:- 8. Manner of forwarding of a copy of the reasons and the material relating to search, seizure and freezing under sub-section (2) of section 17 and sub-section (1A) of section 17 of the Act and search of persons under sub-section (2) of section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .. [name and designation of the Authority ] to conduct the search of the premises specified in Schedule below, under sub-section (1) of section 17 of the Prevention of Money-laundering Act, 2002 (15 of 2003) and rule 3 of these Rules. The officer so authorized to conduct search shall seize or freeze any record or property, as the case may be, which is considered relevant for the purposes of proceedings under Act as per procedure specified in rule 4 of these rules. Given under my hand and seal on this ..day of .. Two thousand .. Schedule of Premises [Director/Additional Director/Joint Director/Deputy Director] [Signature with seal] 10. In form II,- (i) in the heading, af ..... X X X X Extracts X X X X X X X X Extracts X X X X
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