Section 47: Released Directory

The Government of Nepal may issue necessary guidelines for the effective implementation of this Act or the rules made under this Act or to comply with international standards regarding the prevention of financial investment in asset laundering and terrorist activities.

The point of view

(1) Changes made by the Second Amendment

(a) “research” “instead of the words” “research and investigation.”

(b) the words” “offence under this Act” “or” “offence punishable under this Act” “shall be substituted by” “offence relating to laundering of property and financial investment in terrorist activities.”

(c) “National Coordination Committee” instead of the words “Coordination Committee.”

(2) Words modified by the Administration of Justice Act, 2013

“High Court” “instead of the words” “Court of Appeal” 

(3) The words changed by the Act to amend certain Acts relating to the Prevention of Money Laundering and Promotion of Business Environment, 2080;

(a) “terrorist act” “instead of the words” “terrorist act,”

(b) “Coordination Committee” instead of the words “National Coordination Committee.”