Act Number: 15

Act Name: The Prevention of Money-Laundering Act, 2002

Year: 2003

Enactment Date: 2003-01-17

Long Title: An Act to prevent money-laundering and to provide for confiscation of property derived from, or involved in, money-laundering and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 1: Short title, extent and commencement.
    (1) This Act may be called the Prevention of Moneylaundering Act, 2002.
     (2) It extends to the whole of India.
     (3) It shall come into force on such date1 as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
Notes:
1. 1st July, 2005, vide notification No. G.S.R. 436(E), dated 1st July, 2005, see Gazette of India, Extraordinary, Part II, sec. 3(i).
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