Amendment of section 2.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , (i) in clause (n), in sub-clause (i), the word sub-broker, shall be omitted; (ii) in clause (sa), for sub-clause (ii), the following sub-clause shall be substituted, namely: (ii) Inspector-General of Registration appointed under section 3 of the Registration Act, 1908 as may be notified by the Central Government; . Note: While Passing the bill in the Loksabha as on 18-7-2019, the following amend .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sub-clause shall be substituted, namely: (ii) Inspector-General of Registration appointed under section 3 of the Registration Act, 1908 as may be notified by the Central Government; . (iii) in clause (u), the following Explanation shall be inserted, namely:-- Explanation . -- For the removal of doubts, it is hereby clarified that proceeds of crime include property not only derived or obtained from .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nsert a section 12AA of the said Act so as to provide for the provisions for enhance due diligence. It is also proposed to amend section 15 of the said Act so as to provide the reference of newly inserted section 12AA therein. It is also proposed to insert Section 72A to allow power to Central Government to constitute Inter Ministerial Co-ordination Committee that is responsible for coordination a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X