Asset (Money) Laundering Prevention (First Amendment) Act, 2068 (2011)

Estimated reading: 0 minutes 40 views
Preamble
Preamble

Whereas, it is expedient to amend Asset (Money) Laundering Prevention Act, 2064

Short Title and Commencement:
Short Title and Commencement:

(1) This Act may be called as “Asset (Money) Laundering Prevention (First

Amendment to Section 2 of Asset (Money) Laundering Prevention  Act, 2008
Amendment to Section 2 of Asset (Money) Laundering Prevention Act, 2008

Section 2 of Asset (Money) Laundering Prevention Act, 2008 (herein after referred

Amendment to Section 4 of the principal Act
Amendment to Section 4 of the principal Act

The following Section(4) shall be substituted for Section (4):

Offence of Assets Laundering:
Offence of Assets Laundering:

Any person commits the offence of assets laundering if that person owns,

Section 4A and 4B inserted to the principal Act:
Section 4A and 4B inserted to the principal Act:

The following Section 4A and 4B shall be inserted after Section (4):4A.

Post a comment

Your email address will not be published.

Share this Doc

Asset (Money) Laundering Prevention (First Amendment) Act, 2068 (2011)

Or copy link

Contents
Discover Nepal's laws effortlessly. Our user-friendly platform simplifies legal understanding and accessibility, serving individuals throughout the country.