Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains covered by amended law.

Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains covered by amended law. https://www.taxtmi.com/highlights?id=103888 Scheduled-offence status under the Prevention of Money Laundering Act depends on an underlying offence and is necessary to establish proceeds of crime and support a money-laundering investigation. Section 2(2) extends a Central enactment listed in the Schedule to its corresponding law applicable in Jammu and Kashmir. Although Section 13(1)(d) of the Central Prevention of Corruption Act was omitted, amended Section 7 continues to cover obtaining an undue advantage through abuse of official position or corrupt or illegal means. Criminal misconduct under Section 5(1)(d) of the J&K Act therefore remained a corresponding scheduled offence, sustaining Enforcement Directorate jurisdiction to register an ECIR and issue summons. en-us Fri, 18 Sep 2026 07:31:58 +0530 Fri, 18 Sep 2026 07:32:01 +0530 TaxTMI RSS Generator Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains covered by amended law. https://www.taxtmi.com/highlights?id=103888 Scheduled-offence status under the Prevention of Money Laundering Act depends on an underlying offence and is necessary to establish proceeds of crime and support a money-laundering investigation. Section 2(2) extends a Central enactment listed in the Schedule to its corresponding law applicable in Jammu and Kashmir. Although Section 13(1)(d) of the Central Prevention of Corruption Act was omitted, amended Section 7 continues to cover obtaining an undue advantage through abuse of official position or corrupt or illegal means. Criminal misconduct under Section 5(1)(d) of the J&K Act therefore remained a corresponding scheduled offence, sustaining Enforcement Directorate jurisdiction to register an ECIR and issue summons. Highlights Money Laundering Fri, 18 Sep 2026 07:31:58 +0530 https://www.taxtmi.com/highlights?id=103888