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of <h1>Finance Bill 2015 amends Section 60 of Prevention of Money-Laundering Act, shifting powers from Adjudicating Authority to Special Court.</h1> Clause 176 of the Finance Bill, 2015 proposes an amendment to section 60 of the Prevention of Money-Laundering Act, 2002. This amendment involves changing the term 'Adjudicating Authority' to 'Special Court' in sub-section (2A). The amendment pertains to the powers concerning the attachment, seizure, and confiscation of property, specifying that these powers will now be vested in the Special Court rather than the Adjudicating Authority.
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