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THE PREVENTION OF MONEY-LAUNDERING . (APPEAL) RULES , 20051

d952f2bb76e91b27ccc1f52c9cba0aa1c9a38dd2 · 2002 · State unknown

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Parent: THE PREVENTION OF MONEY -LAUNDERING ACT, 2002 (544a163435adf0662860bb3ba3dcf1402ee412e2)

Text

" e THE PREVENTION OF MONEY-LAUNDERING . (APPEAL) RULES , 20051 In exercise of the powers conferred by sub-section (1) and clause (r) and clause (x) of sub-section (2) of section 73 read with section 35 of the Prevention of Moneylaundering Act, t, 2002 (15 of 2003), the Central Government hereby makes the joi:C'wing r ules for the purpose of appeals under the said Act, namely:- 1 . Short title and commericement .-(1) These rules may be called the Prevention of Money-laundering (Appeal) Rules, 2005 . (2)They shall come into force on the date-' of their publication in the Official Gazette . 2 . Definitions. -(1) In these rules, unless the context otherwise requires,- (a) " Act" means the Prevention of Money-laundering Act, 2002 (15 of 2003); (b) " Adjudicating Authority" means an Adjudicating Authority appointed under sub-section (1) of section 6 of the Act; (c) " Appellate Tribunal" means the Appellate Tribunal established under section 25 of the Act; (d) " appellant " means an aggrieved person who prefers an appeal before the Appellate Tribunal; (e) " Director" means the Director appointed under sub-section (1) of section 49 of the Act; (f) " Form" means the form appended to these rules; (g) "order" means an order passed by the Director under sub-section (2) of section 13 of the Act or by the Adjudicating Authority- under section 8 of the Act , as the case may be; (h) "Registrar" means the Registrar of the Appellate Tribunal; (i) "section" means a section of the Act . (2) All other words and expressions used and not defined in these rules but defined in the Act , shall have the meaning respectively assigned to them in the Act . 3. Form of Appeal . -(1) Every appeal preferred before the Appellate Tribunal against the order of the Adjudicating Authority or the Director, a

Rule TOC

1 · . Short title and commericement .-(1) These rules may be called the Prevention of Money-laundering (Appeal) Rules, 2005 .
2 · . Definitions. -(1) In these rules, unless the context otherwise requires,-
3 · Form of Appeal . -(1) Every appeal preferred before the Appellate Tribunal against the order of the Adjudicating Authority or the Director, as the case may be, under section 26 of the Act shall be in the Form as appended to these rules and the appeal shall be in quadruplicate and accompanied by four copies of the order appealed against .
1 · . Vide G.S . R . 449 (E), dated 1st July, 2005, published in the Gazette of India , Extra . , Pt . II , Sec. 3(i), dated 1st July , 2005.
2 · Came into force on 1-7 -2005.
4 · . Order of the Appellate Tribunal . -The order of the Appellate Tribunal shall be in writing and shall state the reasons for the decision.
1 · . The words "and upto Rs . 1 lakh" omitted by G.S . R . 1116(E) , dated 6th December , 2016 (w . e . f. 6-12 -2016).
6 · . Interpretation.-If any question arises relating to the interpretation of these rules , the matter shall be referred to the Central Government and the decision of the Central Government shall be final .