Section 73 - Power to make rules.

Rulemaking power under prevention of money laundering prescribes procedural rules for records, attachments, seizures and reporting by entities.

Rulemaking power authorises the Central Government to make rules to implement the Prevention of Money Laundering Act, specifying procedural, recordkeeping and administrative matters. Prescribable subjects include the form and maintenance of records, provisional attachment, seizure and custody of property, management of confiscated property, maintenance and furnishing of reasons and materials for orders, search and seizure procedures, authenticated foreign records, impounding of records, powers exercisable as a civil court, reporting intervals and procedures, appellature forms and fees, conditions for police investigation authorisation, and terms of service for adjudicatory and appellate functionaries.