Prevention of Money-Laundering Act, 2002

The Prevention of Money-Laundering Act, 2002

Rules Regulations Notifications Orders Circulars Ordinance Statutes

Act ID:	200315
Act Number:	15
Enactment Date:	2003-01-17
Act Year:	2003
Short Title:	The Prevention of Money-Laundering Act, 2002
Long Title:	An Act to prevent money-laundering and to provide for confiscation of property derived from, or involved in, money-laundering and for matters connected therewith or incidental thereto.
Ministry:	Ministry of Finance
Department:	Department of Revenue
Enforcement Date:	01-07-2005
Notification:	1st July, 2005, vide notification No. GSR 436(E), dated 1st July, 2005, see Gazette of India, Extraordinary, Part II, sec. 3(i).
metadata.dc.date.lastupdated:	25-03-2019 22-04-2019


Schedule 1. THE SCHEDULE Order Appendix Forms

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Show all section The Prevention of Money-Laundering Act, 2002

CHAPTER I

PRELIMINARY

CHAPTER II

OFFENCE OF MONEY-LAUNDERING

CHAPTER III

ATTACHMENT, ADJUDICATION AND CONFISCATION

CHAPTER IV

OBLIGATIONS OF BANKING COMPANIES, FINANCIAL INSTITUTIONS AND INTERMEDIARIES

CHAPTER V

SUMMONS, SEARCHES AND SEIZURES, ETC

CHAPTER VI

APPELLATE TRIBUNAL

CHAPTER VII

SPECIAL COURTS

CHAPTER VIII

AUTHORITIES

CHAPTER IX

RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY

CHAPTER X

MISCELLANEOUS


Section 1. Short title, extent and commencement. Show Related Subordinates
Section 2. Definitions. Show Related Subordinates
Section 3. Offence of money-laundering.
Section 4. Punishment for money-laundering.
Section 5. Attachment of property involved in money-laundering. Show Related Subordinates
Section 6. Adjudicating Authorities, composition, powers, etc. Show Related Subordinates
Section 7. Staff of Adjudicating Authorities.
Section 8. Adjudication. Show Related Subordinates
Section 9. Vesting of property in Central Government.
Section 10. Management of properties confiscated under this Chapter. Show Related Subordinates
Section 11. Power regarding summons, production of documents and evidence, etc.
Section 11A. Verification of Identity by Reporting Entity.
Section 12. Reporting entity to maintain records. Show Related Subordinates
Section 12A. Access to information.
Section 12AA. Enhanced due diligence
Section 13. Powers of Director to impose fine. Show Related Subordinates
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. Show Related Subordinates
Section 16. Power of survey. Show Related Subordinates
Section 17. Search and seizure. Show Related Subordinates
Section 18. Search of persons. Show Related Subordinates
Section 19. Power to arrest. Show Related Subordinates
Section 20. Retention of property. Show Related Subordinates
Section 21. Retention of records.
Section 22. Presumption as to records or property in certain cases. Show Related Subordinates
Section 23. Presumption in inter-connected transactions.
Section 24. Burden of proof.
Section 25. Appellate Tribunal.
Section 26. Appeal to Appellate Tribunal. Show Related Subordinates
Section 27. [Omitted.].
Section 28. [Omitted.].
Section 29. [Omitted.].
Section 30. [Omitted.].
Section 31. [Omitted.].
Section 32. [Omitted.].
Section 33. [Omitted.].
Section 34. [Omitted.].
Section 35. Procedure and powers of Appellate Tribunal.
Section 36. Distribution of business amongst Benches.
Section 37. Power of Chairperson 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.
Section 43. Special Courts. Show Related Subordinates
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.
Section 48. Authorities under Act.
Section 49. Appointment and powers of authorities and other officers. Show Related Subordinates
Section 50. Powers of authorities regarding summons, production of documents and to give evidence, etc. Show Related Subordinates
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.
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.
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. Show Related Subordinates
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 72A. Inter-ministerial Co-ordination Committee.
Section 73. Power to make rules. Show Related Subordinates
Section 74. Rules to be laid before Parliament.
Section 75. Power to remove difficulties.


Schedule 1. THE SCHEDULE Order Appendix Forms

Year	Description	Hindi Description	Files(Eng)	Files(Hindi)
01-07-2005	The Prevention of Money-laundering(Forms, Search and Seizure or Freezing & the manner of forwarding the reasons & Material to the Adjudicating Authority, Impounding and Custody of Records and the Period of Retention) Rules, 2005
01-07-2005	The 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) Rules, 2005
01-07-2005	The Prevention of Money-laundering (Maintenance of Records) Rules, 2005
01-07-2005	The Prevention of Money-laundering(Receipt and Management of Confiscated Properties) Rules, 2005
01-07-2005	The Prevention of Money-laundering (Appeal) Rules, 2005
01-07-2005	The Prevention of Money-laundering (The Forms and the Manner of Forwarding a Copy of Order of Arrest of a Person Along with the Material to the Adjudicating Authority and its Period of Retention) Rules, 2005
01-07-2005	The Prevention of Money-laundering (Manner of Receiving the Records Authenticated Outside India) Rules, 2005
01-07-2005	PML(The Manner of Forwarding a copy of the Order of Provisional Attachment of Property along with the Material, and copy of the Reasons along with the Material in respect of Survey, to the Adjudicating Authority and its period of Retention) Rules, 2005
01-08-2007	Prevention of Money-laundering (Appointment and Conditions of Service of Chairperson and Members of Adjudicating Authorities) Rules, 2007 dated 1-8-2007
01-08-2007	Prevention of Money-laundering (Appointment and Conditions of Service of Chairperson and Members of Appellate Tribunal) Rules, 2007 dated 1-8-2007
19-08-2013	The Prevention of Money-laundering (Taking Possession of Attached or Frozen Properties Confirmed by the Adjudicating Authority) Rules, 2013
19-08-2013	The Prevention of Money-laundering (Issuance of Provisional Attachment Order) Rules, 2013
26-09-2016	The Prevention of Money-laundering (Restoration of confiscated property) Rules, 2016
12-04-2017	The Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2017
01-06-2017	The Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017
21-08-2017	The Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2017
23-08-2017	The Prevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules, 2017
16-10-2017	The Prevention of Money-laundering (Maintenance of Records) Fifth Amendment Rules, 2017
23-10-2017	The Prevention of Money-laundering (Maintenance of Records) Sixth Amendment Rules, 2017
12-12-2017	The Prevention of Money-laundering (Maintenance of Records) Seventh Amendment Rules, 2017
16-05-2018	The Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2018
31-10-2018	The Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2018
11-01-2019	The Prevention of Money-laundering (Restoration of Confiscated Property) Amendment Rules, 2019
13-02-2019	The Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2019
28-05-2019	The Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2019
19-08-2019	The prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2019.
18-09-2019	The prevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules, 2019.
13-11-2019	The prevention of Money-laundering (Maintenance of Records) Fifth Amendment Rules, 2019.
31-03-2020	The prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2020.
13-04-2020	The prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2020.
16-04-2020	The prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2020.
28-12-2020	The prevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules, 2020.
13-07-2022	The Prevention of Money-laundering (Maintenance of Records) Rules, 2022.
07-03-2023	The Prevention of Money-laundering (Maintenance of Records) Rules, 2023.
04-09-2023	The prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2023.
17-10-2023	The Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2023

Year	Description	Hindi Description	Files(Eng)	Files(Hindi)
18-03-2013	Adjudicating Authority (Procedure) Regulation dated 18-3-2013
24-05-2017	Adjudicating Auth (Procedure) Amendment Regulations dt 24-5-17

Year	Description	Hindi Description	Files(Eng)	Files(Hindi)
01-07-2005	Notification appoint the Director, Financial Intelligence Unit
01-07-2005	Notification for appointment of PMLA, 2002
01-07-2005	Notification appointing The Adjudicating Authority and Notification specifying the New Delhi Bench
01-07-2005	Notification appointing Director of Enforcement
27-06-2006	Two Notifications dated 27-6-2006 under section 66(ii) of PMLA
01-06-2009	Notification for appointment of PML(Amendment) Act, 2009
29-12-2009	Notification dated 29-12-2009 under section 66(ii) of PMLA
15-09-2010	Notification dated 15-9-2010 under section 66(ii) of PMLA
07-12-2010	Notification dated 07-12-2010 under section 66(ii) of PMLA
10-10-2012	Notification dated 01-10-2012 under section 66(ii) of PMLA
26-07-2013	S.O. 2309 (E) dated 26-7-2013
17-01-2014	Notification dated 17-1-2014 under section 66(ii) of PMLA
06-08-2014	Notification dated 06-08-2014 under section 66(ii) of PMLA
06-08-2014	GSR 546(E) dated 6-8-2014 related to appointment of Special Court
24-09-2014	GSR 684(E) dated 24-9-2014 related to DNFBP
15-04-2015	GSR 287(E) dated 15-4-2015 related to DNFBP - Insurance brokers
17-04-2015	GSR 299(E) dated 17-4-2015 related DNFBP-Registrar, Sub-Registrar
15-12-2015	Notification dated 15-12-2015 under section 66(ii) of PMLA
05-02-2016	Notification dated 05.02.2016 for designation of Special Court under PMLA
17-02-2017	Notification dated 17-2-2017 under section 66(ii) of PMLA
27-03-2017	Notification dated 27.3.2017 for designation of Special Court under PMLA
05-05-2017	Notification dated 05.05.2017 for designation of Special Court under PMLA
15-11-2017	GSR 1423(E) dated 15-11-2017 related to DNFBP - real estate
13-12-2017	Notification dated 13-12-2017 under PML rules
31-03-2018	Notification dated 31-03-2018 under PML rules
04-05-2018	GSR 424(E) dated 04-05-2018 related to DNFBP - Multi-State Co-operative Society
08-05-2018	Notification dated 08-05-2018 under section 66(I)(ii) of PMLA - National Technical Research Organisation
25-07-2018	Notification dated 25-7-2018 under section 66(I)(ii) of PMLA - Military intelligence
06-08-2018	Notification dated 06-08-2018 for Appointment of Pr Spl Dir & Spl Dir as Addl Dir for the purposes of PMLA
11-01-2019	Notification dated 11-1-2019 under section 66(I)(ii) of PMLA
07-10-2019	Constitution of an Inter-ministerial Co-ordination Committee.
28-12-2020	Notification dated 28.12.2020 related to DNFBP - notifying Real Estate Agent
28-12-2020	Notification dated 28.12.2020 to notify the dealers in precious metals and precious stones

Schedule 1. THE SCHEDULE