INDIA CODE

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Clause 2, Prevention of Money Laundering (Removal of Difficulties) Order, 2024 [S30-RN7]

As at 7 September 2026. In force from 4 November 2024.

In Prevention of Money Laundering (Removal of Difficulties) Order, 2024 [N14-YHE]. This text from 4 November 2024. No other text held.

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Cite: Clause 2, Prevention of Money Laundering (Removal of Difficulties) Order, 2024 [S30-RN7]. Machine: S30-RN7.

Removal of difficulty.—Where a body corporate had, before the commencement of the Prevention of Money Laundering Act, 2003, carried on the carrying on of business under a licence granted under the law then in force, such licence shall be deemed to have been granted under the Act and shall remain in force for sixty days from such commencement or until it expires, whichever is earlier.

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Clause 2, Prevention of Money Laundering (Removal of Difficulties) Order, 2024 [S30-RN7]