legislations.in
The Prevention of Money-Laundering Act, 2002

Chapter X — MISCELLANEOUS

Section 72AInter-ministerial Co-ordination Committee

Read in the full Act
Section 72A: Inter-ministerial Co-ordination Committee

72A. Inter-ministerial Co-ordination Committee

72A. Inter-ministerial Co-ordination Committee.—The Central Government may, by notification, constitute an Inter-ministerial Co-ordination Committee for inter-departmental and inter-agency coordination for the following purposes, namely:

(a)

operational co-operation between the Government, law enforcement agencies, the Financial Intelligence Unit, India and the regulators or supervisors;

(b)

policy co-operation and co-ordination across all relevant or competent authorities;

(c)

such consultation among the concerned authorities, the financial sector and other sectors, as are appropriate, and are related to anti money-laundering or countering the financing of terrorism laws, regulations and guidelines;

(d)

development and implementing policies on anti money-laundering or countering the financing of terrorism; and

(e)

any other matter as the Central Government may, by notification, specify in this behalf.

Amendment notes (1)
  1. Ins w.e.f. 1-8-2019 . Ins. by Act 23 of 2019, s. 201 (w.e.f. 1-8-2019).