Chapter IX - Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property (From Section 55 to Section 61)
Assistance to money laundering authorities: designated officers across agencies must support enforcement, with additions by notification. Section 54 mandates that specified officers and others assist authorities in enforcing the Prevention of Money Laundering Act, 2002, listing designated personnel across customs, excise, narcotics enforcement, income tax, stock exchanges and related bodies, Reserve Bank, police, foreign exchange enforcement, securities and insurance regulators, forward markets, pension and postal departments, registrars, professional institutes, and other bodies. The Central Government may, by notification, add further officers of central or state governments, local authorities or reporting entities to provide flexible multi agency assistance.
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.
Assistance to money laundering authorities: designated officers across agencies must support enforcement, with additions by notification.
Section 54 mandates that specified officers and others assist authorities in enforcing the Prevention of Money Laundering Act, 2002, listing designated personnel across customs, excise, narcotics enforcement, income tax, stock exchanges and related bodies, Reserve Bank, police, foreign exchange enforcement, securities and insurance regulators, forward markets, pension and postal departments, registrars, professional institutes, and other bodies. The Central Government may, by notification, add further officers of central or state governments, local authorities or reporting entities to provide flexible multi agency assistance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
