The notification appoints 'Special Directors' of the Regional Offices of the Directorate of Enforcement as 'Administrators'.
These administrators are responsible for receiving, managing, and disposing of properties confiscated under specific sections of the Prevention of Money-laundering Act, 2002.
Key Changes
The Central Government has appointed 'Special Directors' of Enforcement Directorate's Regional Offices as 'Administrators'.
This appointment pertains to the management and disposal of confiscated properties under sections 8(5), 8(7), 58B, or 60(2A) of the Prevention of Money-laundering Act, 2002.
This notification supersedes the earlier notification S.O. 2127(E) dated September 10, 2012, with the exception of actions already taken or omitted before this supersession.
The appointed Administrators will be governed by the Prevention of Money-laundering Act, 2002, and the Prevention of Money-laundering (Receipt and Management of Confiscated Properties) Rules, 2005.
Impact Analysis
Directorate of Enforcement
Action Item: The Directorate of Enforcement should provide necessary training and resources to the 'Special Directors' to effectively perform their new roles as 'Administrators'.
Central Government
Action Item: The Ministry of Finance should monitor the performance of the appointed 'Administrators' and ensure compliance with the relevant laws and rules.
Entities with Confiscated Properties
Action Item: Entities facing confiscation should be aware of their rights and obligations under the Prevention of Money-laundering Act, 2002, and seek legal counsel if necessary.
Financial Institutions
Action Item: Financial institutions should establish procedures for identifying and handling assets related to confiscated properties and ensure compliance with the Prevention of Money-laundering Act, 2002.
Key Entities Referenced
Central Government: The entity issuing the notification and appointing the 'Administrators'.
Directorate of Enforcement: The agency whose 'Special Directors' are appointed as 'Administrators'.
Special Directors: The individuals from the Directorate of Enforcement who are appointed as 'Administrators'.
Administrators: The individuals responsible for receiving, managing, and disposing of confiscated properties.
Prevention of Money-laundering Act, 2002: The primary legislation governing money laundering and confiscation of properties.
Prevention of Money-laundering (Receipt and Management of Confiscated Properties) Rules, 2005: The rules that govern the actions of the 'Administrators' in managing confiscated properties.
Ministry of Finance, Department of Revenue: The government body under which the notification is issued.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-12092023-248654
CG-DxLx-xEG-I1D2H0x9x2x0 23-248654
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3818] नई दिल्ली, मगं लिार, जसतम्ब र 12, 2023/भार 21, 1945
No. 3818] NEW DELHI, TUESDAY, SEPTEMBER 12, 2023/BHADRA 21, 1945
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
अजधसचू ना
नई दिल्ली, 12 जसतम्बर, 2023
का.आ. 3980(अ).—केन्द रीय सरकार, धन-िोधन जनिारण अजधजनयम, 2002 (2003 का 15) (जिसे इसम ें इसके
पश्चात ् उक्त अजधजनयम कहा गया ह)ै की धारा 51 के साथ पठित धारा 10 की उपधारा (1) द्वारा प्रित्त िजक्तयों का प्रयोग
करते हुए और भारत के रािपत्र, असाधारण, भाग-II, खण्ड-3, उपखण्ड (ii) म,ें का.आ. स.ं 2127(अ), तारीख
10 जसतंबर, 2012 द्वारा प्रकाजित भारत सरकार के जित्त मत्रं ालय के रािस्ट्ि जिभाग की अजधसूचना को उन बातों के
जसिाय अजधक्ांत करत े हुए जिन्दह ें ऐस े अजधक्मण के पूि व दकया गया ह ै या करन े का लोप दकया गया ह ै उक्त अजधजनयम की
धारा 10 की उपधारा (2) और उपधारा (3) के जनबंधनों, उक्त अजधजनयम की धारा 8 की उपधारा (5) या उपधारा (7)
अथिा धारा 58ख या धारा 60 की उपधारा (2क) के अधीन िब्त संपजत्तयों को प्राप्त करने, उनका प्रबंध और जनपटान करन े
के जलए प्रितनव जनिेिालय के क्षेत्रीय कायावलयों के ‘जििेष जनिेिकों’ को ‘प्रिासकों’ के रूप में जनयुक्त करती ह ै । इस प्रकार
जनयुक्त दकए गए प्रिासक उक्त अजधजनयम के उपबंधों और धन-िोधन जनिारण (िब्त संपजत्तयों की प्राजप्त और प्रबंधन)
जनयम, 2005 द्वारा िाजसत होंगे ।
[फा. सं. के-11022/45/2023-एड. ईडी-डीओआर]
रािीि लोचन, अिर सजचि
5772 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 12th September, 2023
S.O. 3980(E).—In exercise of the powers conferred by sub-section (1) of section 10 read with section 51 of
the Prevention of Money-laundering Act, 2002 (15 of 2003) (herein after referred to as the said Act), and in
supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue,
published in the Gazette of India, Extraordinary, Part-II, section-3, sub-section (ii) vide number S.O. 2127(E), dated
the 10th September, 2012, except as respects things done or omitted to be done before such supersession, the Central
Government hereby appoints 'Special Directors' of the Regional Offices of the Directorate of Enforcement as
'Administrators' to receive, manage and dispose the property confiscated under provisions of sub-section (5) or
sub-section (7) of section 8 or section 58B or sub-section (2A) of section 60 of the said Act, in terms of sub- section
(2) and sub-section (3) of section 10 of said Act. The Administrators so appointed shall be governed by the provisions
of the said Act and the Prevention of Money- laundering (Receipt and Management of Confiscated Properties)
Rules, 2005.
[F. No. K-11022/45/2023-Ad.ED-DOR]
RAJEEV LOCHAN, Under Secy.
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