Real Estate Agents notified as “persons carrying on designated businesses or professions” - Prevention of Money-laundering Act. - 8/2017 - Prevention of Money-Laundering

Rescinded vide NOTIFICATION NO. G.S.R. 798 (E) dated 28-12-2020 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 8/2017 New Delhi, the 15th November, 2017 G.S.R. 1423 (E). -In exercise of the powers conferred by sub-clause (iii) 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 notifies that real estate agents as defined under clause (zm) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (No. 16 of 2016) shall be deemed to be a person carrying on designated business or profession under sub-clause (iii) of clause (sa) of sub-section 1 of section 2 of the Prevention of Money-laundering Act, 2002 . [F.No. P.12011/2/2015-S.O.(ES Cell)] BIPLAB KUMAR NASKAR, Under Secy.