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Amendment to PMLA notification: insertion of new statutory provisions expands referenced powers framework. Central Government, under sub section (1) of Section 49 of the Prevention of Money laundering Act, 2002, amends the prior Ministry of Finance notification by inserting references to Section 58A and Section 58B after 'section 57', thereby expanding the statutory cross references concerning appointment and powers of authorities and officers.
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Amendment to PMLA notification: insertion of new statutory provisions expands referenced powers framework.
Central Government, under sub section (1) of Section 49 of the Prevention of Money laundering Act, 2002, amends the prior Ministry of Finance notification by inserting references to Section 58A and Section 58B after "section 57", thereby expanding the statutory cross references concerning appointment and powers of authorities and officers.
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