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<h1>Special Director appointed as Additional Director under Prevention of Money-laundering Act, effective July 1, 2005, per Section 49.</h1> The Central Government appointed the Special Director, who held office under the Foreign Exchange Management Act, 1999, as the Additional Director for the Prevention of Money-laundering Act, 2002, effective from July 1, 2005. This appointment was made under the authority of Sub-section (1) of Section 49 of the Prevention of Money-laundering Act, 2002. The notification, issued by the Ministry of Finance, supersedes a subsequent notification dated August 6, 2018.