Appointment and powers under PMLA amended to include Section 12A via government notification exercising Section 49 powers. Central Government, exercising power under sub section (1) of Section 49 of the Prevention of Money Laundering Act, 2002, amends the Ministry of Finance notification (GSR 440(E), dated 1 July 2005) by substituting the words 'clause (b) of sub section (1) of Section 12 and its proviso' with 'clause (b) of sub section (1) of Section 12, Section 12A', thereby altering the textual scope concerning appointment and powers of authorities and officers.
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Appointment and powers under PMLA amended to include Section 12A via government notification exercising Section 49 powers.
Central Government, exercising power under sub section (1) of Section 49 of the Prevention of Money Laundering Act, 2002, amends the Ministry of Finance notification (GSR 440(E), dated 1 July 2005) by substituting the words "clause (b) of sub section (1) of Section 12 and its proviso" with "clause (b) of sub section (1) of Section 12, Section 12A", thereby altering the textual scope concerning appointment and powers of authorities and officers.
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