Chapter IX - Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property (From Section 55 to Section 61)
Money laundering prevention: statutory framework for confiscation of illicitly derived property and implementation mechanisms. The statute establishes a legal framework to prevent money laundering and to provide for confiscation of property derived from or involved in money laundering, linking domestic measures to international commitments. It applies throughout the national territory and comes into force on dates appointed by the central government by official notification, allowing different commencement dates for different provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Money laundering prevention: statutory framework for confiscation of illicitly derived property and implementation mechanisms.
The statute establishes a legal framework to prevent money laundering and to provide for confiscation of property derived from or involved in money laundering, linking domestic measures to international commitments. It applies throughout the national territory and comes into force on dates appointed by the central government by official notification, allowing different commencement dates for different provisions.
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