Home India Ministry of Finance Under Prevention of Money laundering Rules 2005 the Central ...
Date: 2020-07-24 Category: Extra Ordinary State: Union Government Country: India

Under Prevention of Money laundering Rules 2005 the Central Government hereby extend the period for which small account shall remain operational till 30th September 2020

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, G.S.R. 465(E), issued by the Ministry of Finance, Department of Revenue, extends the operational period for small accounts until September 30, 2020. This extension is enacted under the authority of clause (iiia) of sub-rule (5) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. The notification is dated July 24, 2020, and signed by Ritvik Pandey, Joint Secretary, Revenue. The file number for this notification is F.No. P-12011/18/2019-E.S. Cell-DOR.

Key Entities Referenced

Ministry of Finance: The government ministry responsible for financial matters. Department of Revenue: A department within the Ministry of Finance. Prevention of Moneylaundering Maintenance of Records Rules, 2005: A set of rules pertaining to the prevention of money laundering. Central Government: The executive authority of the Government of India. Ritvik Pandey: Joint Secretary, Revenue. New Delhi: The location where the notification was issued. September 30, 2020: The extended deadline for small accounts to remain operational. G.S.R. 465E: Notification number.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-xअxx.G-2ID4E0x7x2x 020-220672 CG-DL-E-24072020-220672 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 361] नई दिल्ली, िक्रु िार, िलु ाई 24, 2020/ श्रािण 2, 1942 No. 361] NEW DELHI, FRIDAY, JULY 24, 2020/SRAVANA 2, 1942 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली, 24 िुलाई, 2020 सा.का.जन. 465(अ).—धन-िोधन जनिारण (अजभलेखों का अनुरक्षण) जनयम, 2005 के जनयम 9 के उपजनयम (5) के खंड (iiiक) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंद्र सरकार एतद्द्वारा उस अिजध का जिस्ट्तार करती ह ै जिसके जलए लघ ु खाता 30 जसतम्बर, 2020 तक चालू रहगे ा। [फा.स.ं पी-12011/18/2019-ई.एस. सेल-डीओआर] ऋजविक पांडे संयुि सजचि (रािस्ट्ि) MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 24th July, 2020 G.S.R. 465(E).—In exercise of the powers conferred by clause (iiia) of sub-rule (5) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, the Central Government hereby extend the period for which small account shall remain operational till 30th September, 2020. [F.No. P-12011/18/2019-E.S. Cell-DOR] RITVIK PANDEY, Jt. Secy. (Revenue) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. 3274 GI/2020

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