In exercise of the powers conferred by subsection 1 of section 43 of the Prevention of Moneylaundering Act

## Report on Amendment to Notification Regarding Prevention of Money Laundering Act, 2002 **1. Executive Summary:** This report analyzes a notification issued by the Ministry of Finance, Department of Revenue, Government of India, concerning an amendment to a previous notification (S.O. 372E, dated 5th February, 2016) related to the Prevention of Money-laundering Act, 2002. The core purpose of this amendment, as discernible from the text, is to update the designated Court of Special Judge for cases in Rajasthan. The key finding is that the amendment substitutes the entry for serial number 22, specifically changing the designated court in Rajasthan to "Court of Special Judge, CBI No. 3, Jaipur." **2. Introduction:** This report aims to provide a comprehensive analysis of a specific amendment to a notification concerning the Prevention of Money-laundering Act, 2002, based solely on the provided government policy text. It focuses on the changes introduced by the amendment and its potential implications. **3. Policy Overview:** * **Original Policy Being Amended:** The amendment refers to the notification S.O. 372E, dated 5th February, 2016, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection ii. * **Core Objective(s) (Inferred):** Based on the reference to the Prevention of Money-laundering Act, 2002, the original policy and this amendment are aimed at preventing and combating money laundering by establishing the jurisdictional courts. **4. Background and Rationale:** The amendment likely addresses a need to update the designated Court of Special Judge for cases related to the Prevention of Money-laundering Act in Rajasthan. This could be due to various reasons, such as a change in court structure, reassignment of jurisdictional responsibilities, or administrative efficiency within the state's judicial system. The text only indicates a change in court designation, not the underlying reasons for the change. **5. Key Provisions / Changes:** This section focuses specifically on the change introduced by the provided amendment text. * **Specific Part of the Original Policy Being Changed:** The amendment modifies the "table" within the original notification (S.O. 372E) by substituting the entry for "serial number 22." * **New Rule/Provision:** The new rule/provision designates the "Court of Special Judge, CBI No. 3, Jaipur" as the relevant court for the entire state of Rajasthan, replacing the previous designation. * **Difference/Effect of the Change:** The effect of this change is to shift jurisdiction for Prevention of Money-laundering Act cases in Rajasthan from the previously designated court (unnamed in this excerpt) to the "Court of Special Judge, CBI No. 3, Jaipur." This means that cases will now be heard and adjudicated by this specific court. **6. Target Audience and Stakeholders:** The target audience and stakeholders directly affected by these changes include: * Individuals and entities facing charges under the Prevention of Money-laundering Act, 2002, in Rajasthan. * Law enforcement agencies, particularly the Central Bureau of Investigation (CBI), involved in investigating and prosecuting money laundering cases in Rajasthan. * The judiciary and legal professionals involved in these cases in Rajasthan. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Ministry of Finance (Department of Revenue) is the issuing authority for the notification. The Central Government, in consultation with the Chief Justice of the concerned High Court, is responsible for making the amendment. The Court of Special Judge, CBI No. 3, Jaipur, assumes the responsibility of hearing relevant cases. * **Timelines/Procedures:** The notification is effective from the date of its publication (February 19, 2021). No specific procedures are outlined in the text regarding the transfer of existing cases. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this amendment is to streamline the judicial process related to Prevention of Money-laundering Act cases in Rajasthan by consolidating them under the jurisdiction of the "Court of Special Judge, CBI No. 3, Jaipur." This could lead to increased efficiency in handling these cases and potentially faster resolution. The impact would primarily be on the administration of justice within Rajasthan. **9. Conclusion:** The amendment to notification S.O. 372E, dated 5th February, 2016, constitutes a significant change regarding the jurisdictional court for Prevention of Money-laundering Act cases in Rajasthan. By designating the "Court of Special Judge, CBI No. 3, Jaipur," the amendment aims to improve the efficiency and effectiveness of the judicial process in handling these cases within the state. This change is particularly relevant for individuals and entities involved in money laundering cases, law enforcement agencies, and the legal professionals practicing in Rajasthan.

Key Entities Referenced