ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Appointment and conditions of Service of Chairperson and Mem


 Notice Date : 01 June 2009

Prevention of Money-Laundering (Appointment and conditions of Service of Chairperson and Members of Appellate Tribunal) Amendment Rules, 2009 - Amendment in rule 5, 6 and 17

 

NOTIFICATION NO. G.S.R. 375(E)

 

DATED, 1-6-2009

 

 

 

In exercise of the powers conferred by clause (s) of sub-section (2) of section 73 read with section 30 of the Prevention of Money-Laundering Act, 2002 (15 of 2003), the Central Government hereby makes the following rules to amend the Prevention of Money-Laundering (Appointment and Conditions of Service of Chairperson and Members of Appellate Tribunal) Rules, 2007, namely: –

 

 1.      (1) These Rules may be called the Prevention of Money-Laundering (Appointment and Conditions of Service of Chairperson and Members of Appellate Tribunal) Amendment Rules, 2009.

 

 (2) They shall come into force on the date of their publication in the Official Gazette.

 

 2.      In the Prevention of Money-Laundering (Appointment and Conditions of Service of Chairperson and Members of Appellate Tribunal) Rules, 2007, –

 

 (a)    in Rule 5, in sub-rule (2), clause (a) shall be omitted;

 

 

(b)   in Rule 6, in sub-rule (2), the words, “or on the recommendations of the appropriate authorities” shall be omitted;

 

 

(c)    In sub-rule (2) of Rule 17, after the proviso, the following provisos shall be inserted, namely :–

 

 

“Provided further that the Chairperson or a Member appointed under sub-section (4) of section 28, read with Rule 7, to hold additional charge of the Appellate Tribunal under these rules, shall cease to act as such, when the Chairperson or a Member, as the case may be, has been appointed on full time basis to the Appellate Tribunal established under this Act in accordance with the provisions of rule 4 and rule 5 of these Rules :

 

 

Provided also that the Chief justice of India shall be consulted before removal of the Chairperson or a Member who was appointed on the recommendation of the Chief Justice of India.”.

 

jyoti
on 04 June 2009
Published in Corporate Law
Source : ,










Trending Tags