Section 5, Prevention of Money Laundering Act, 2003 [S21-HJG]

As at 7 September 2026. In force from 1 March 2004 by S.O. 113(E) [N12-BVH].

In Prevention of Money Laundering Act, 2003 [A11-8PK]. This text from 1 March 2004. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, Prevention of Money Laundering Act, 2003 [S21-HJG]. Machine: S21-HJG.

5. Prohibition of the carrying on of business without licence.—No person shall undertake the carrying on of business except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the carrying on of business undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 9, Prevention of Money Laundering Act, 2003 [S21-HPR], 23 September 2003, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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