Amendment to Section 17(1) removes the proviso, modifying the scope of the money laundering statute. The Finance (No. 2) Act, 2019 amends the Prevention of Money Laundering Act, 2002 by omitting the proviso to Section 17(1); the amendment effects a textual change to the statute by removing that proviso and leaves the subsection otherwise intact.
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.
Amendment to Section 17(1) removes the proviso, modifying the scope of the money laundering statute.
The Finance (No. 2) Act, 2019 amends the Prevention of Money Laundering Act, 2002 by omitting the proviso to Section 17(1); the amendment effects a textual change to the statute by removing that proviso and leaves the subsection otherwise intact.
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