Amendment of Act 45 of 1988.

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....effect from the 1st day of October, 2024,-- (a) in section 24,-- (i) after sub-section (2), the following sub-section shall be inserted, namely:-- "(2A) The benamidar, to whom a notice has been issued under sub-section (1), or the beneficial owner to whom a copy of such notice has been issued under sub-section (2), shall furnish the explanation or submissions, if any, within the period specif....

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....other person as referred to in section 53, other than the beneficial owner, tender immunity from prosecution for any offence under the said section to the benamidar or such other person, with the previous sanction of the competent authority as referred to in section 55, on the condition that the benamidar or such other person makes a full and true disclosure of the whole circumstances relating to ....