Money Laundering and Changes in PMLA, 2002
Finance Act, 2018 has amended various sections of PMLA, 2002. They are : S.45, S.5, S.19. Schedule of PMLA, 2002 was also amended to include S.447 of the Companies Act, 2013.
S.2(1)(u) of PMLA, 2002 was amended where the words "or abroad" was added.
Finance Act, 2018 was published in Gazette of India EO Part II Section 1 which was published in website on 30 March 2018. S.208 of Finance Act, 2018 amended the PMLA, 2002.
It may be noted that PMLA, 2002 was amended in the year 2009 also and later on, it was amended through the Finance Act, 2018.
No comments:
Post a Comment