Prevention of Money-laundering (Maintenance of Records) Sixth Amendment Rules, 2017

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 7/2017

New Delhi, the 23rd October, 2017

G.S.R. 1318(E).-In exercise of the powers conferred by sub-section (1) read with clauses (i), (j), (jj), (jjj) and (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following further amendments to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, namely:-

1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Sixth Amendment Rules, 2017.

   

 (2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, in rule 2, in sub-rule (1), in clause (d),-

(i) In the second proviso, Clause (f) shall be omitted;

(ii) after second proviso as so amended, the following proviso shall be inserted, namely:-

“Provided also that in case the officially valid document presented by a foreign national does not contain the details of address, in such case the documents issued by the Government departments of foreign jurisdictions and letter issued by the Foreign Embassy or Mission in India shall be accepted as proof of address.”.

[F. No. P. 12011/15/2017-ES Cell-DoR]

BIPLAB KUMAR NASKAR, 

Under Secy.