Real Estate Agents notified as “persons carrying on designated businesses or professions”. - Notification No. 8/2017, dated 15 November, 2017 rescinded - G.S.R. 798 (E) - Prevention of Money-Laundering

Rescinded vide Notification No. G.S.R. 854(E) dated 29-11-2022 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th December, 2020 G.S.R. 798 (E).- In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003) , the Central Government hereby rescinds the notification of the Government of India, Ministry of Finance, Department of Revenue, No. 8/2017, dated 15 November, 2017, published in the Gazette of India, Part II, Section 3, Sub-section (ii), extra-ordinary, vide GSR 1423 (E) dated the 16 November 2017 , except as respects things done or omitted to done before such recession and notifies the Real Estate Agents , as a person engaged in providing services in relation to sale or purchase of real estate and having annual turnover of Rupees twenty lakhs or above, as persons carrying on designated businesses or professions . [F. No. P-12011/14/2020-ES Cell-DOR] ARVIND SARAN, Director