Section 3, Prevention of Money Laundering Act, 2003 [S21-HGM]
As at 7 September 2026. In force from 1 March 2004 by S.O. 113(E) [N12-BVH].
3. Appointment of Controller.—(1) The Central Government may, by notification, appoint an authority, to be known as the Controller, to exercise the powers and perform the functions conferred on it by or under this Act. (2) The Controller may, with the previous approval of the Central Government, appoint such officers and other employees as it considers necessary for the efficient discharge of its functions under this Act. (3) The Central Government may, by notification, direct that any power exercisable by it under this Act, except the power to make rules under section 14, shall, in relation to such matters and subject to such conditions as may be specified in the notification, be exercisable also by the Controller.
Defined terms in this text (1)
notification: Section 2, Prevention of Money Laundering Act, 2003 [S21HFF] (In this Act, unless the context otherwise requires,—): "notification" means a notification published in the Official Gazette
notification: 996 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 2, Prevention of Money Laundering Act, 2003 [S21-HFF], 23 September 2003, Band A. "section 3".
Not held (0)
none
Duties published under this section (0)
none