Home Acts & Rules Money Laundering Act Prevention of Money-Laundering Act, 2002 Chapters List Chapter VII Special Courts This
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Section 45 - Offences to be cognizable and non-bailable. - Prevention of Money-Laundering Act, 2002Extract Offences to be cognizable and non-bailable. 45. (1) 1 [Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), no person accused of an offence 4 [under this Act] shall be released on bail or on his own bond unless-] (i) the Public Prosecutor has been given an opportunity to oppose the application for such release; and (ii) where the Public Prosecutor opposes the application, the court is satisfied that there are reasonable grounds for believing that he is not guilty of such offence and that he is not likely to commit any offence while on bail : Provided that a person, who, is under the age of sixteen years, or is a woman or is sick or infirm, 5 [or is accused either on his own or along with other co-accused of money-laundering a sum of less than one crore rupees] may be released on bail, if the Special Court so directs : Provided further that the Special Court shall not take cognizance of any offence punishable under section 4 except upon a complaint in writing made by- (i) the Director; or (ii) any officer of the Central Government or a State Government authorised in writing in this behalf by the Central Government by a general or special order made in this behalf by that Government. 2 [(1A) Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), or any other provision of this Act, no police officer shall investigate into an offence under this Act unless specifically authorised, by the Central Government by a general or special order, and, subject to such conditions as may be prescribed.] (2) The limitation on granting of bail specified in 3 [***] sub-section (1) is in addition to the limitations under the Code of Criminal Procedure, 1973 (2 of 1974) or any other law for the time being in force on granting of bail. ******************** Notes:- 1. Substituted Vide Prevention of Money-laundering (Amendment) Act, 2005, w.e.f. 1-7-2005. Before it was read as: Notwithstanding anything contained and ending with the words on his own bond unless- Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974),- (a) every offence punishable under this Act shall be cognizable; (b) no person accused of an offence punishable for a term of imprisonment of more than three years under Part A of the Schedule shall be released on bail or on his own bond unless- 2. Inserted Vide Prevention of Money-laundering (Amendment) Act, 2005, w.e.f. 1-7-2005. 3. Omitted Vide Prevention of Money-laundering (Amendment) Act, 2005, w.e.f. 1-7-2005. 4. Substituted vide THE FINANCE ACT, 2018 , before it was read as, punishable for a term of imprisonment of more than three years under Part A of the Schedule 5. Inserted vide THE FINANCE ACT, 2018
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