Anti-Money Laundering Act, 20 10

.W.HEREAS i: is expedieni icj provide f ~iriev en:icn of r;.,one~:.!htm.deriri~ i I D'
combating financing of terrorism arid forfeiture of property.derivep from, or involved in. honey laundering. or financing of terrorism and for rnatters connected. therewith 01: incidental thereto; . . . . ... I

It: is hereby enacted as follows:-

1 . Short titie, extent and cornmencement.-(1) This Act may be
called rhe Anti-Money Laundering Act, 2010
(2) It extends to the Whole of Pakistan.
(3) It shall' come into force at once. , ,-

2. Definitions.-In this Act, unless there is anythlilg repugnant in
the subject or context, I -
!
I
(a) "attachment" means prohibition of transfer, conversion, disposit~on
or movement of property by an order issued under section 8;
6
(b) ".companyn lneans any body corporate and incltides a firm or other j
association of individuals:; I
, . -
(c) "CTR" means report'on currency transactions exceeding-such
amount as may be specified byJhe National ~xeiutiveC ommittee
by nqtification in the official Gazette; . , . . , . .
. . . . . . . ':
(d) "Court" means the Court specifieci under section, 30;
. . . . . . 8
(e) "Director-General" means the Director-General of the FMU
appointed under section 6; ,
. . .. !
. .. . (f) . "financial institution" includes a.ny i.nsti.tuti on carriIi.n g. on any one
or more of the followingactivit-ies,n ame1.y:- . .',,, . .
. I
ji) acceptanc;e of deposits and other. repayabie {uunds ,from the
public; ,
(iij lending in whatsoe,ver form;
. .
(iii) . financial leasing; . .
(iV) . m,,-.~'=-,, ..,.I.-- L-,- --Lo .. . L L " l J b ; V L Y UIUC ~ l c l I l ~ L ~ 1 ,
(v) issuing and managing means of payments including but not
limited to credit and debit cards, cheques, travellers cheques,
money orders. bank drafts and electronic money;
(vl) financ~agl uarantees and commitments; I
(vii) trading in- I
(a) moi~ey inarket instruments; , I,
(b) -foreign exchange:
(c) exchange, interest rate and index instrumenils;
I. PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 101
(d) transferable securities; and
(e) commodity futures trading;
(v~ii) participation in shares issues and the provision of servlces
related to such issues;
(IX) individual and collective portfolio management;
(x) safekeeping and administration of cash or liqu~dse curities on
behalf of other persons;
(xi) investing, administering or nlanaglng funds or money on behalf
of other persons;
(xii) insurance business transactions;
(xiii) money and currency changing; and
(xiv) carrying out business as intermediary.
. . . . , ,- . . I ! .
, (g): "'ffiscal offence" means an offenck punishable:.underthe Income - ,
.: . , Tax Ordinance 2001 (XLIX of 2001); the ~ed&aEl xcise Act, 2005, .
. .. . the ~ u s t o r r i s ' ~ c1t9, 69(1~'of1 969) exsept sec'tions -2 (s),-15, 16,
.
' 32, 3 2 ~ ' a n d1 .58.thereof; the'sales Tax Act, 1990 an'd any other
law .as the FCdel-zil ~dveinmenmt ay notif.y . in thisbehalf;
(h) "FMU" means the Financial Monitoring Unit established under
section 6;
. . . . . .
(i) "fcieign ser':cus cffenre" means an offence- ;
(i) against the law of a fore~gns tate stated in a cert~ficateis sued
by. or on behalf of, the government of that foreign State; and
(ii) which, had it occurred in Pakistan, would have constituted a
predicate offence;
(j) "investigating or prosecuting agency" means the National
Accountability Bureau (NAB), Federal Investigation Agency (FIA),
Anti-Narcotics Force (ANF) or any other law enforcement agency
as may be notified by the Federal Government for the investigation
or prosecution of a predicate offence;
,I VnL? THE GAZETTE OF piiiiST~N.E XTRA.,M ARCH 27, 2010 [PARTI
(k) "investigating officer" means the offices nominated or appointed
under section 24;
(1) "National Executive Committee" means the National Executive
Committee constituted under section 5;
(m) "non-financial businesses and professions" means real estate
agents. jewellers, dealers in precious metals and precious stones,
lawyers, notaries and other legal professionals, accountants, trust
and company service providers and such other non-f~nanc~al
businesses and professions as may be notifled by the Federal -
Government;
(n) "offence of money laundering" has the meaning as defined in
section 3;
(0) "person" means an individual, a firm, an entity, an association or a
body of individuals. whether incorporated or not. a company and
every other juridical person;
(p) "prescribed" means prescribed by rules made under this Act;
(q) "proceeds of crime" means any property derlved or obtained
directly or indirectly by any person from the commission of a
predicate offence or a foreign serious offence;
(r). "property" means property or assets of any..desciiption, -whether .
corporeai or incorporeal, movable or immovable, tangible or
intangible, and includes deeds and instruments'evibencing.titleto .,
or interest in, such property or assets, includingcash and monetary
instruments, wherever !ocz:ed;
(s) LLpredi~aotfef ence" means an offence specified in the Schedule
to this Act;
(t) "record" includes the records maintained in the form of books or
- stored in a computer or any electronic device, or such other form
ns may be prescribed;
(u) "reporting entity" lneans an entity specified in clause (f] or clause
(m) and includes any other entlty designated as such by Federal
Government by notification in the official Gazette;
PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27. 2010 -
103
-
(v) "SBP" means State Bank of Pakistan established under the State
Bank of Pakistan Act, 1956 (XXXTJI of 1956);
(w) "Schedule" means a schedule to this Act;
(x) "SECP" means Securities and Exchange Commission of Pakistan
established under the Securities and Exchange Commission of
Pakistan Act, 1997 (XLII of 1997);
(y) "Suspicious Transactions Report" means the report on suspicious
transactions specified under section 7; and
(z) "transfer" means sale, lease, purchase, mortgage, pledge, gift, loan,
or any other form of transfer of right, title, possessior~ or lien.
3. Offence of money laundering.- A person shall be guilty of
offence of money laundering, if the person-
(a) acquires, converts. possesses, uses or transfers property, knowing
or having reason to believe that such property is proceeds of crime;
(b) conceals or disguises thetrue nature, originl'location, disposition, . .
, . movegent or ownership'of property, 'knowing or, having reason to . . .: ,. . ,
, . , . 'believe ,that such property i ~ . ~ r o c e e d scorifm e;:
. . ' . , I
(c) holds. or possesses on behalf of any other pdrson any property .
, .
. . .'- knowing orhavin. r.e. a.s on to believe. that such property is proceeds .: I
I
' o'f'cii.me; or
. .
(d) participates i?, associates, conspires to commit, attempts to commit, I
aid;, faci~i:a:es, or counse!s tLIhIL o OvA--;PS;~T\~ V AL rV~\If tLLhLCe. Ya~YrLtUr ~ ~ ~ a specified in clauses (a), (b) and (c).
Explczrzario~z.-The knowledge, intent or purpose required as an element
of an offence set forth in this section may be inferred from factual circumstances
in accordance with the Qanun-e-Shahadat 1984 (P.O. 10 of 1983).
4. Punishment for money laundering.-Whoever commits the
offence of money laundering shall be punishable with rigorous ~mprisonment
for a term which shall not be less than one year but may extend to ten years and
shall also be liable to fine which may extend to one million rupees and shall also
be liable to forfeiture of property involved in the money laundering:
104 THE GAZETTE SF PAKISTAN, EXTRA., MARCH 27, 2010
--
[PARIT
-
Provided that the aforesaid fine may extend to five million rupees In
case of a company and every director, officer 01. employee'of the company
found guilty under thls section shall also be punishable under this sectlon.
5. National Executive Committee to combat money
laundering.- (1) Within thirty days of the commencement of this Act the
Federal Government shall, by notification in the official Gazette, constitute a
committee to be known as the National Executive Committee which shall conslst
of the following mernbers,~namely:-
(a) M~nistefro r Finance or Advisor to the Prime Chairinniz
Minister on Financelconcerned Minister
(b) ?./linister for Foreign Affairs Menzber
(c) Minister for Law and Justice Member
(d) Minister for Interior Menzber
(e) Governor SBP Menzber
(f) C- .h airman SECP Member
(g) Chairman NAB Member
(h) Director-Genera1
(1) any other member to be nominated by the Federal Government.
(2) The Director-General, FMU shall s!so act as Secretary of the
National Executive Committee.
(3) The National Executive Committee shall -
. .
, ' (a) meet regularly to aevel6, co-ordinate.and publish an annualnational
.. .. . . . . . . . < . . .
strategy to fight m. .o ney .laundering &id financihg of terrorism;.
(b) determine offences existing In Paklstan that may be considered to
be predicate offences for the purposes of this Act;
(c) provide gu~dancean d sanction in framing of rules and regulations
under this Act;
PART :] THE GAZETTE OF .?ATflSTAN! .EXTRA., MARZX 27,20i6, -i G5
(d) make recommendations to the :Federal Government,f o e~ff ective ,!
implementationof this Act and framing of national policy to combat I
money laundering and financing of terrorism;:
. .
. .
. , ( e issue necessaTy directions to .the 'agencies. involved in the . .
implementation and adrnii~istrationo f this Act;
. .
.. . . , . . . . . . . . .
(f) discuss any other issue of national importance relating to money
laundering and financing of terrorism; and - '
(g) apprbve FMU's budgetary proposals -for achieving the objectives
of this Act;
. . .
- (h) approve FMU's staffing requirements, pays, a1lowances;privileges
and compensation .packages and.other. matters.incidenta1. thereto;
. . . . . . . .
(i) take measures as neckssary for. development and review of
'performance of investigating agencies, FMU:.and the financial
institutions and non-financiai businesses and professions, relating
. - . to anti-mone)r.launde;ing and combating financing of terrorism;
. . . . . . . . . . . . .
(j) ' review training programs .for. Government,. financial Institutions, . .
. on-financial businesses and professionsand other persons, relating
to. anti-money laundering and combating financins of terrorism;
'and . . . . . .. .
(k) undertake and perl'qrm such other functions as may be. assigned
to it by the Federal Government, relating to money laundering'and .
financiq of terrorism.
. . .
(4) The Nati~rii! E ~ ~ ~ l jCtnim~zritt~e ~sh z!l bp-z~cjetpdh"x ;, aI CVw~un:e.-,- el
Colnmittce to be composed cf-'
. . . . . . . . . .. . . . .
(a) .S ec. retary Finance . . Clzairnzan- . ..
. .
(b) Secretary Interior M'eniher
(c) Secretary Foreig~A ffairs Menzber
(d) Secretary Law Member
(e) Governor SBP Member
(f) Chairman SECP
. . .
Member
106 THE GAZETT'E OF PAKISTAN, EXTRA.. MARCH 27, 2010 [PARTI
(2) Director-General, FCIW, NAB Member-
(11) Director- General Member
(i) any other member to be nominated by the Federal Government.
(5) The Director-General, FMU shall also act as Secretary of the
General Committee.
(6) The General Committee may invite any person to participate in
the meeting as it deems necessary.
(7) The General Coinmittee shall, i1ztt.r czlia-
(a) take measures as necessary for development and review of
performance of investigating agencies, FMU and the financiai
~nstitu~ionans d non-iinanciai businesses and professions. relating
LO anti-money laundering and combating i~nancingo f terrorism;
(b) review training pro~ramsfo r.Government: financial institutions,
non-financial business'es and professions and other pe'rsons, relating
to anti-money laundering a~ldco mbating financing of terrorism; I
(c) provide necessary assistance to the National Executive Com-mittee
., , in carrying out its functions and duties under this Act;
(d) discuss :in> yther issue of national importance relating to money
laundering and fina~lcingo f terrorism; and
(e) undertake and perform such other functi.ons as assigned to it by
the National Executive Committee.
" 6. Financial Monitoring Unit;-(.l) The'Federal Government sha!l,
by notification in the Official Gazette, establish a Fiilanciai Monitoring Unit
which shall be housed in SBP or at any other place in Pakistan.
(2) The FMU shall have independent decision making authority 017
day-to-day matters coming within its areas of fespol!stbi!icy. .
-- ,... ..
(3) A Director-General who shall be a financial sector specialist shall
. be appointed by the Federal Government in consultation with SBP to head FMU
and exercise all powers and functions of the FMU subject to the administrative
ovei-si,oht of the General Corninittee.
PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 107
' "(4). The' FMU 'shill exercise:'fht: fol~owin. .~. ... .'.~.: :o.w a. ne.dG.. p erform the
followi.ng fi~nctionsn,a mely:- . . . . . . . . - " .-
. . . . .
. ,
. . ., .:. . . .. . . .
(a) to receive ~ u s ~ f d i o uTsra nsactibns Reports .and CTRs from
financial institutions and such non-financial businesses and
professions&-may.benecessary toacdomplishthe objects ofthis
. . . . . . Act: .... . .
. . . . . . . ... ... . . .
(b) to. analyse the Suspicious~Transacti~Rne ports and CTRs 'and in
that respect.theFMU 'may call.for-record and informa. t. ion from
. . . - any:agency.or-.pewon.:inP akistan (with;..theexcepfion. ofi ncome.
- .
. . - tax information) related.to :t1ie:.transaction:.in_q uestion. All, such
. . . . :':agencies or..persons :shal.l:be r.eq.iired: to .promptly provide the. requesxed inforination; :. . .. ... ..... .. : .. ... .... .. .. .. -. . ... ...... . . . .
. . . . . . . . . . .
. . .::( c). . ..todi~semi&te,a..f ter.~h.avi.n~~:conside+rethd& -reportasn d having
i .reasonxble grounds to suspect, t h e ~ ~ . ~ s ~ i c i ~ u s T i a n sRa cept ioortns
. and any necessary information :to the.investigating agencies , ,
: .. concerned as:-described(inc lause(:) -of-section- 2;.. . . . .
. . . - . .
. (d) .:;.to create :and:maintain-'a. data bas6 ,of ill ~ u s ~ i c i o u ~ ~ i a n s a c t i o n
.: : ~ e ~ o a~ntd.CsT Rs, re1atedinformation:ind such'other materials
-.as the ~irecto;-~tnerald eterminks are. re1evant::td the work of
the FMU in that.respect, theFMU i~authorisedto establish
: -necessary:analytic software and.computer-equi.p.ment~ oeffecti.v.ely .
. . . . s earch.:the:d atabase, sort ..and:r etrieve :i.nfo&afion :and -perfo.rm
. . : real:.time linkaies . with.d atabases .of .other:-agencies.b. othin.a nd.
. . outside ~akistanas may .be required from time @time;.
. . ... . . . . . .. . . . . . . . . . . . ) . .: .. . . '
.- . (e), .. to..coioperate -with financial iritilligenieiimitsin other:.dountnes.
-. and-.to share and request.information ,subject to'.re'ciprocal
.. -agreements.:enteredi nby the Federal: Government; . . : ::. . "..:...: ... ":
. : . . . , .. ,... . . . . ,. . . . . . . . . . . ..: . . . . . . ., .. , . . .. ... .. . . . . . , , . :.
(f) to represent Pakistan at all'international and regional organisations
: . . -and groupings.of financial inte1ligenie:uniti and otkiei international'
groups-and forums which address the offence ofinonby:ladridei'in~,~.
financing.of-terrorism and other related matters;.. . . . : : . . . - . .:
. . . . . . . . .
. . . . . . . . . . . . .
(g) to submit to the~ationaEl xecutive Committee an arinua.1 report
. containing recommendations based upon necessary information. and
statistics regarding countermeasures which can bk:taken t6 combatmoney
laundering and such reports shal'l prpvide an overall analysis.
. . .a nd evaluation of.t he Suspicious'~ransaction~~eports'limittoe d
details of the:investigations and prosecutions that.havebeen .or
108 THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 [PARTI
are being conducted in relation to the offence of money laundering ,
or financlAg of terrorism In Pakistan; and in this behalf to call for
periodlc reports from investigating and pro~ecuting~agencieins such
manner as may be specified by FMU:
(h) to frame regulations in consultation with SBP and SECP for ensuring
receipt of Suspicious Transaction Reports and CTRs from the
financial institutions and non-financial businesses and professions
with the approval of the National Execut~veC ommittee;
(i) to recommend to the regulatory authorities of reporting entities to
issue regulations as considered necessary in the context of
combating money laundering and financing of terrorism in the areas
of customer due diligence and ancillary record-keeping;
(j) to engage a financial institution or an intermediary or such other.
non-financial businesses and professions or any of its officers as
may be necessary for facilitating implementation of the provisions
of this-Act, the rules or. regulations made hereunder; and
(k) to pel-form all such functions ,and exercise all sucli powers as are
necessary for, or ancillary to, the attainment of the objects of this
. . Act.
(5) , On considering the suspicious transaction report or CTR, the FMU
. . may,.if deems necessary, convey matters involving regulatory or administrative . .
.. . hction to the cbncerned.regulatory or administrative body for ipprop;iate action. . .
(6) Subject to the regulations sanctioned by the National Executive
Committee in this behalf, the Director-General may, if there appear to he
reasonable grounds to believe that any property is involved in money laundering
or financing of terrorism, order freezing of such property, for a maximum period
of fifteen days, in any manner that he may deem fit in the circumstances. -
7. Procedure and manner of furnishing information by the
financial institutions or reporting entities.-(1) Every financial institution
shall file with the FMU, to the extent and in the manner prescribed by the FMU,
Suspicious Transaction Report conducted or attempted by, at or through that
fmanclal institution if the financial institution and reporting entlty knows, suspects,
or has reason to suspect that the transaction or a pattern of transactions of
whlch the transaction 1s a part -
(a) involves funds derived from illegal activities or is intended or
conducted in order to hide or disguise proceeds of crime;
PARTI] . THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 109
- (b) . is designed .to evade any 'requirements of this .section:
. .
'- . (c.) has no appare&'la,wful purpose after. examining the available facts,
including the background and possible purpose of the.transaction;
.. . . . . .
or . . . .
. . . . .. .
. . (d) involves financing of terrorism: . .
. ..; . . . . . . . . . . . .
. . . . . .
. .
. . . . . . . . . . . . , . .
Provided that Suspicious TransactionReport shall be.filed-by the financial
institutionor rkporting entity with the FMU immedidtely but,not later than:seven
working days after-forming that suspicion.
I
. . (2) - .Any other. government agency, .autonomous .body :or regulatory
auth~rit~.m~~.shareint~lloir greepno~rte t heir suspici.ons withih.therneaning of
suspicious transaction r e p o r t ' o r .~~O~'~FM Uin normal course of their: business
and the protection provided under section 12 shall be available tosuch agency,
body,ora uthority. , . , . . .. . . . . . . . . . . . .
. . .. . .. '.:
. -
. . .:. - . . . . . . . . . . . .. . . . . . .
(3) A ~ ~ C T RshSa il; to:the entent a i d i nt he &annerpresc;ibedby.$e
FMU, .be filed by the financial iristitutions'br ieporting entities with the FMU '
.
immediately; but,not later than se.ve.n. w. o.rk ingdays,-:after the,res.pe.ctivec urrency . . . . . . . . . . . . . . . . . : . . transaction. . . . . . . . .. . . .. . .. . .. . . .. . .. ..,. . . . .
... . . . . . .
(4).. Every reportini'enti~i.h~a ll keep indmaintain all'recordre1.ated to .''?
- Suspicious Transactions Reports and CTRs,filed. by it,for.a period.of at least ..
five years after reporting of transactioGunder sub-section's (.1')',':(2)'and( 3).
. ... .. .. .. _.. .. .:... ..... . . . . . . .. . . . .. . . .. . .
.(5] The -provisioris of'.this. section..shall have-effect notwithstanding
.; any obligation asto secredy or dther res:trictiori onthe di<closureof:information :
. . . . imposed, by any other law or written document: . . . . . . .
. . , . . . . . . . ....
. .
. . . . . . . . . . . . . . . .
( G ) . . Notwithstariding anything-containedin anyother:law£orthe time
being inforce, any ~ u s ~ i c i oTursan saction's Re@orts:required:to.bes ub~niiied.bji
any person .or entity to any investigating or prosecuti.ni agency shall, on .the
commencement of this Act, be solely andexclusively submitted to FMU.to the . . .
exclusion of ail others.
. . .
. . . . . . . . . . . . . . . . . .
8. ~ttachrnknt of piopbfty involved. in money laundering.-(1)
The investigating officer may,' onthe basis of thereport in his possesSion.received
from the concerned investigating agency, 6y ofder in writing,' with prior
of the Court, provisionally attach property-which he reasonably believes to be
proceeds of crime or involved in money laundering for a period not exceeding
ninetyydays from the date of the order.
110 THE GAZETTE OF PAKISTAlV, EXTRA., MARCH 27, 2010 [PARTI
(2) . he . investigating officer shall .within forty-eight hours immediately
after attachment under sub-section (I), forward a copy of the. order, alongwith
the material inhis possession refeired to in.that sub-section, to the headof the
c~k. e. r.n.~.d inv. e.st.ig itinagge ncy, in a sealed,&nvelope,in'the.m anner as may be
prescribed, and the concerned.investigating agency, shall keep such order and
.material for. such period'as may be prescribed.
. . .. . . . . . . . . . . . . .
. . . . . . .
(3) ~ v eoride~r o f attachmentmade under sub-section (1) shall cease
to have effect after the expir-y of thePeriod.specified:.in. that sub-sectinor on
the.date of the'finding made under sub-section (2).of section- 9 whicheveris
. - . .
earlier. . . . . . . . . . .
. . . .
. .
. . ....:-.. .. -. ..( 4) .Nothing in:thissection :shall prevent the p.eison interested in the.
enjo. ym. ent of the:immdvable property attached:under sub-section-(13from such
... . . . . . . . . :. , , : . .. . . enjo:iment;.. "/ ; .- ; .... - . . . . . . ..:. . .., . . . . . .. . .. . : .." ,
...;....... ,- . . . . . . . . .. .. .. .. .. . . . . . . . . . .... .
. .
. . . . . . .
. . . - . : .
. _ .; . :
. . '~x~1arzatiolz.- or the purposes of this. sub-section:the.exp;es~iin'
"person. in. terested",. in relation to any immovable.property, includes all.persons . .
.............. .::. . . . . . . . cliiming pren'titledto clkima6 ii-iterest'in the .. . .. .' . '.. . . . .. .. . . . . .... . . . . .. .. . .
. : . . .. . . . .
. .
. : .. c ~ )'.'T, h , . . . ' . . e ln. vestigatingbffiCkr'hh~p ioviiional'ly attaches any. property . .
. .
under sub-section(1) shall, withina peripd ofthirty-days from suchattachment;' .. ..
.file a cornplaint,~.tattih~e.~ .f a.c ts.of such attachment before the court.
. - . . . . . . . . . . . . . . . . . . . . .
. . .. . .. . .. . .. . .. . ... . ... . ... . . . . . . .. . . .
, . , . . : . .
. . . .
C . .. : . . . : . . '
, ' 9.. ' ..~nvesti~ation.-(~):~he.investi.~atin~off~cer.nsoht allalte,r than
seven dais, from the date of ordkfof attachment madeunder sub-section (l).of
secti. on.: ?., .or, seiiure of..property. under.section :1.4 or,-:section' 15.;.serv.ea: :notice .; . .
of.not.le.ss:than thirty .days on the: .person, c6ncerned. The notice.:shall cillupon
such person' to'indicate the. sources -of -his ..income,' earning.:?: assets,::out~~ofwhich
or by means of.w hich he has acquiredtheproperty attached under. su.b - .
section.-(.I3o f section 8, or, seized:underi's'ection.:'14 or section.:!5, the .%viderice ' '
on:which:he.relies and:o.ther:relevant i.nformatioiand:particulars, and to show,
cause why- all.or:any.o fsuch-propertiesiho'uldnbt be dedlared.td':b&th e propeiti'es
involied.iri'money laundering and forfeited:tb the:Fed&ral ~overnment: ' . . . . . . . . . .
Provided that where a n.otice under this sub-section specifies any property
as being-'he1d:by a person'on'.behalf of any otheiperson;a copy.of.such..notice
. . . shall'also'be served upon suchother person: , , . .
. .
. . . .
Provided further that where such property is held jointly by more than
one person, Such notice shall be served upon all persons holding such property.
PART]] THE GAZETTE OFPAKISTAN; EXTRA., MARCH - -- M--A RCH 27, 2010
----- 11 1
(2) The investigating officer shall, after-
(a) considering the reply, if any, to. the notice issuedunder subsection
(1):
(b) hearing the aggrieved person; and
(c) taking into account all relevant materials placed on record before
him:
record a findingkwhether all or any other properties referred to in the notice
; issued under sub-section (1) are involved in money laundering:
.. .
- Provided that if the property is claimed by a person, other than a person
.., to whom the notice had been issued,such person shall' also be given an
opportunity of being heard to prove that the property isxot involved in money
laundering.
. . .
(3) Where the investigating officer on. the basis :of report received
from the concerned investigating agency determinesunde; sub-section (2) that
any property is involvedin money-laundering, he shall apply to:theCourt for an
order confirming the attachment-of the prqperty madelunder. sub-s'ecfi;n (.1) of
' section 8 or retention of property or record seized under section 14 or section
15. Such attachment or retention of the seized property or iecord shall-
. . . .
(a) continue during the pendency of the proceedings relating to any
predicate offence or money laundering before a couit; 'and
. . . .
.. -
(b) become final if it is proved in the court thatthe property is-proceeds
,, . of crime-orinvolved in money launijeringmd order'of such court
becomes find.
(4) 'Where the provisional order of attachment made. under subsection
(1) of section 8, h.as been confirmed.-undersub-section (3), the
investigating officer shall forthwith take possession of the attached property:
Provided that where the property seized is perishable in nature or subject
to speedy and natural decay, or when the expense of keeping it in custody is
likely to exceed its value, the Court may, on the application of the investigating
officer; order immediate sale of the property in any manner deemed appropriate
in the circumstances.
(5) Where on conclusion of a trial for any predicate offence or money
laundering, the person concerned is acquitted, the attachment of the property or
retention of the seized property or record under sub-section (3) and n e t i' ncome,
if any, shall cease to have effect.
! !2 TFsE GAZS-E OF PAKISTA?!, EXTRA., MARCFT, 27, 29lG [TKXT:.
. (6) Where the attachment of any property or retention of the seized
property or record becomes final under clause (b) of sub-section (3), the Court
shall, after giving an opportunity of being heard to the person concerned, make
an order for forfeiture of such property.
(7.) After passing the order of forfeiture under sub-section- (6) of
section.9, the Court may direct the release of all properties other than the
proper-ties involved in 'money laundering to the persons. from whom such
properties were seized.
10. Vesting of property in Federal Government.-Where an order a
of forfeiture has been made under sub-section (6) of section 9 in respect of any
property of a person, all the rights and title in such property shall vest absolutely
in-the Federal Government free from all encumbrances:
Provided that where the Court; after giving an opportunity:of being
. heard to any other person interested in the property attached under section 8,
or seized under section 14, is ofthe opinion that.any encumbrance on the property
or leasehold interest has been created with .a tiew.to defeat the provisions of
this Act, it.may, by order, declare such encumbrance or lease-hold interest to be
void and.thereupon the aforesaid property shall 'vest in the ~ e d e r iGl overnment
. .. 'free from sucl~encumbranceso ,r leasehold interest: . .
. .
Providedfurther that nothing in:this section shall operate to discharge
any person from any liability in respect of such encumbrances, which may be
enforced against such person by a suit for damages.
. . 11. . Management o f forfeited .properties.-(.l) The Federal .
Government may, by order published in the official Gazette, appoint as many
trustees and receivers as it thinks fit to perform the functions of an Administrator.
(2) The Administrator appointed bnder sub-sectj on (1) shall receive
and inanage the property in relation to which an order has been made under
sub-section (6) of section 9 in such manner and subject to such conditions as
may be prescribed.
(3) The Administrator shall also take such measures, as the Federal
Government may direct, to dispose of the property which is vested in the Federal
Government under section 10:
Provided that. where the property seized is perishable in nature or subject
to speedy and natural decay, or when the expense of keeping it in custody is
likely to exceed its value. the Administrator may sell it at once after reasonable
notice to the Federal Government.
PART I]. ' THE GAZETTE -OF PAKISTAN,' EXTRA., MARCH 27, 2010
- --
113
. . .
12.;.. ..No,c~iviol-r criminal.:pro.ceedirigs.. a. gainst.b anking companies,
financi.al'. institutions,, etc., i n - certain cases.-Save as otherwise provided
in. section 3?the financial..institutions, non-financial businesses and professions
and their officers shall not be liable to any civil, criminal or. di'sciplinary proceedings
against them for furnishing information required under this Act or the rules and
. . . - . . . . regu.lations made thereunder. .. ..- . . . .-
13. Power of survey.-(1) Notwithstanding anythlng contained 111 any
other provisions of this Act, where an investigating officer, on the basis of material
in his possession, has reasons to believe that an offence of money laundering
- has been committed, he may, with the permission of the Court, enter any place,-
. . . .
* . .(a):... within the limits o'fthe'area.assig&d to him; or:..: ' . . ' . ".: . .. . .
, . . . ..... . . . .. ..... ..
. , .
(b) in respect of which he is authorized for the purposes of this section - - .
. :. .. b. y..s u ch-.o ther.a uthority -who is:..assigned. the:area.-:within which
such place is situated; . . .
. . . . . .. .. ... .... .. .... .. ... ... .. . . . . . . .
at which any act constituting the commission ofsuch~~ffenc<is.c~rroine,d a nd
may require any proprietor, employee or any other person who may at that time
and.p.la. c. e. b. e. a ttending in any. manner to, or helping -him i:n',:.sucha ct so.a s to,- .
. . .
. . . . .
. (i) ... afford him.thenec.essiry -facility.t o inspect:such.rec.ord as he may
. . require and which may be,auailableiat:.sbch place;- -: . ' . - . - . '
. . .
. -. (a) afford him the nicessary facility to check or verify theproceeds
. . . . . . . . of cri'Ges orany trins.ict.ion..re lat~dto pr.oc.ee.ds..of crimes which.
rnai be foundtherein; and . . ' . .
(iii) furnish such information as he may requireas:to any mattei which.
may beuseful forior relevantto, i n y p r o c ~ e d i n ~ i ~th~is~ &~.kdt..e' r
. .. . ..- . .. . . .. .. . . . . . . .. . . . .. .. . .
. ., . . .
. .
E-~plu~zation.-For the this sub-section, a place, where. an
act which constitutes the commission of- the offence' is carried on, .s<hall also
. . . . . - . . . include any other .place; whether aGy activity i s carried .on therein o r not, in
which t.he person carryingon such adtivity states that any of his records or any
part of his property relating to s.uch .act are or is kept. .. - . . . . . .
. . . .
. . (2) The investigating officer referred to insub-section (I), shall, after . .
entering any place referred to 'in that smb-sectidn and within forty-eight hours
immediately after.completion of survey, forward a copy of the report on survey,
alongwith the beasons and copies:or details ofthe materia1.h his possession, to.
the .head of the concerned investigating agen'cy;ina. sealed enieldpe and shall
keep such record-andmaterial insuch manner and.for.'such period, as may be
prescribed.
1 14 THE GAZE?TE OF PAKISTAN, EXTRA., MARCH 27,2010 [PAWI
(3) The investigating officer acting under this section may,-
(a) place marks of identification on the records inspected by him and
make or cause to be made extracts or copies therefrom;
(b) make an inventory of any property checked or verified by him;
and
(c) record the statement of any person present in the-place which
may be useful for or relevant to any proceeding under this Act.
I I
14. Search and seizure.-(1) Subject to sub-section (2), where the
investigating officer, on the basis of information In his possession, has reason to
believe that any person,-
(a) has committed any act which constitutes money-laundering,
(b) is in possession of any proceeds of crime involved in money
laundering, or-
(c) is in possession of any records relating to money-laundering,
then, subject to the rules made in this behalf, he may either authorize any officer
subordinate to him, or himself to,-
(i) enter and search any building, place, vessel, vehicle or aircraft
where he has reason to suspect that such records or proceeds of
crime are kept;
(2) break open the lock of any door, box iocker, safe, almirah or other
receptacles for exercising the powers conferred by sub-clause (i)
where the keys thereof are not available;
(iii) seize any record or property found as a result of such search;
(iv) place marks of identification on such record or make, or cause to
be made, extracts or copies therefrom;
(v) make a note or any inventory of such record property; and
(vi) examine on oath any person, who is found to be in possession or
control of any record or property, in respect of all matters relevant
for the purposes of any investigation under this Act.
PARTI] THE GAZETTE OF PAKISTAN, EXTRA:, MARCH 27, 2010 115
' (2) The :po.wers to.-search- under,s ub.-section,(..l.-).- shall;be,iexercisable'
.. -
:.by .the.invest.i.~atinogf ficer withthe prior. permissionrofitheiC.o.urt.:::.r.. -. . . :.- .. .
. . . .
. .
.... . . . . . : . ; / . . . . . . . . . . . .. ... . : ...*_ . ..... .. .: . . . . . . .. . . . . . . . . . . . . . .. .. ..:. .... .... .... ._..._. ..:... "< ...>.. . : , , . . . : . . : . ::. ..\ . . ..:. . :
. . .. ::.(3).;~.-h e:.in~&tigatoirfif~ic e~shall,withi~~:~forty-....e ight:hourately
after search and seizure, forward' a copy i,of.::the:r.+ort.on::s ear.ch.and.seizure,
alongwith the reasons .and.copies ordetails of the material in hispossession, to
theihead'ofthec oncernedin~esti~ataigne~n cy:in.:ai.seal.eit:en.(ielopeahds hall
keep:such .recor.d:and:mat.er.ia.l'.in. su c1. 1:m. anmer and fo! ~s.uch:perio&as-mayb:e
pres&ri bed.
......:..... .. . . ...': ..., : ' " . ..' . ".... :.. ....... .. ,.< : .: .. :. .:..,.. . . . .. ..-. . :..:::.. :..: ...... ;. .;:.. .. ...... . .'.....?. . . ....... :.
(4) Where the ii~vesti~atinofgf ic'kr,'u pcn iriformation obtained during
sur~~y-:un~er~&c.tiofi:.~3;:.i~s~:~?tis.fied:t~~~tia~j/:eviidse-.li.n kc.e. i~y:t so. bhea ll~b;e~~~
-concqa!.ed .or..tamperedw :i tli;::h.e:may,-ifor reasons; to .:be--5ecorded:i .n:.;writing,
enter .and search-the.building:or.~lace:wh~resuecvh idenceis.lo6ated:and:se.i;ze
. . - .
. . that evidence.
. . . . . .
. . . . . . . . . . . . . . . . . . . . . . . .
. .
... .: . . . . . . . . . . .. ... .. .. .... ..., .. .. . . ., ,;.,::,.'f.:,, h ? , .:! :,,, :;:.:, : .;:. . .:: . . " :
:.:/ .: ... ... : .(5).-The investigating.officer,.seizi.ng:amy-iecorpdroorp erty .undef.this
:section,shall; ~ithin:~period.oth.ifr ty.days from.s.uch:seizure,;file an:appli.cation,
requesting for' retention of such record or property before the court.
'
. . . . . . . . . . . .. .. ... .. ... ... ..... .>; ........... . . . . . . .. . ......i..:...i.. ................. ..... ..... . . ....... .. .,..... ... .~ .. .
, .> :.. >. .: ,.:. . - , , ; : . : . . . . . . ;:. . . : _ : .\; :
:: . : . i :IS; : :~earch:-of:~essbns.-(1):..1:fi:.n~vaens~t . igating:offi;c.er:;h-asreaseotno . ..
..believe.:'(the:?eason: for. such.b elief.:to.b e. recorded in:;wri.~fhg:t)h af;ani: person
.::has secretedabout..the: .or anything ..under~.his~.pos~ses.S ion. ;:.~ow~ers~ip:.or
:..'control,-anyr ecord .or:proceeds .of,cri~e-w~hi.ch.m~y~;beusefu1~fort~o~ 1:~elevan~
:-any. proceedings under1thi.s... A. .C J; he: may,:wi.th!t heiprior:~p.ermi.ssioonf :the Court,
search that .person: and seize .such~ne~ord..o~. i.~ ro.~ ~~. :::bwenhs:eifwclh.:~:f~onr ~a~
... .... or relevant :tb any proceedings unde; t . h i ~ : ~ c::.,t .:: ';:.-,;::,;. . . . . . . . . . .-' .
: . . . . ( 2). . .The .investigatin&officers hal!,:within: forty-eightyhours immediately
after .search and:seizure, forwa~d~:a~co~yi~f~~the.~re~ort~on-.sea~ch.~.and:seizure,
-along wi.ththe:.reasons. and.copi'eso ~detaiiosf .the.material:inihispossession,..:o
- the headtofthe :concerned investigating .agency:in:a. sea,led-e nvelope -and.shall
'k. eep. 'skch -record and ~riaterialinsuchm ah:ner.and~.forsu~h:period.m.aasy .:be,
prescribed; . . . . . . . . . . . . . . . . . . . . ; .: . . . : . . . . . . . ..: ..~.. . ,.:. .. . . . . . . . . . . . . . .. .. ... ... .. .. .
. .
: (3) - Where an. investigating officer ;has searched any person- and if
arrest of such person is necessary, he shalltake such:person..within twenty-four
hours to the nearest Judicial Magistrate:
.:: .. . .. .. . . . . . . . ...
,
:.,. . .
Provided. that the period of twenty-four~hours.s.h all exclude:t he time
necessary for the journey u;dertaken to take such person to the nearest
Magistrate's Court. . .. . .. .. . . . :. . . . . . . . . :.. . ...... . . . . . . . . .. . .. . . . . . .
. . . , . . . . . . . . . . . . . . . . : .
1 16 THE GAZElTE OF PAKISTAN, EXTRA.? MARCH 27, 20 10 [PARI T
. . . >(4)- :-:lf.:ther.e quisition-under subrsection:(3)' is made, the investigating
officer. shall ::not.:det'ai:n:thep: erson..-for. more'thant wehty-four.;.hpursa~n diif :the
'detention of such .person is requirei for more than twenty-four hours, the
' :~in~.~siigatingoffi~er.~odbltaiai.lnl. -ordefrs orf.Judicial:M agistrate wbich period 7.. , . . :shall.:in:no case-exceed.f i:fte.en:.:day.s...;. :. . . . . . . . . . . . . :: . . . .. ..$.. . ...:..,. .. .. . ..:. . .
,;i. :.:. ... :' . . . . . . . . :.. . . . . . . ... .. . . . . ',: {?,' :': ... . . . . .. .. ...
- , ? ,.: :..:., . . ~ .- .. . :. : ' . . .
. . .
. . .-;:;(:5. : h) e.: Magi.strate:before ;whom any-such.person is broughtishall:, if
.:~he:sees~:no:~reason-abl.e.gro-ufnodrr search; forthwith: discharge such rperson:
. . . . , . . . .
. . . . . . . ..> . : . . . . .
(6) No. fe.mal.e: s hall be searched by aiy one except a .female.
. . . .. . : . ...... . . . . . . , . . . . .. .. .... .. . . . . . . . . . l . ' . . . . ' . . / >.. . . : 1 . . .: - : . : . . . . : . . . . . . . . .
. . . .
, ...:.. . - . (7):'~~he:i~be~ti~~ti~~-officer-~hisltalterrencen~ti;od,:f tthhee,p erson
:searqhed:under..:sub-section f:l) :oi~.sub:seetioni'(5;):~~.n-resdp:etchte :records: or
..proceeds,of-crime:fouonrd~. sei~e~i.n.:~h~;co.u.trhes;-.see~aorcfh ;.........j.... :.:. . .::.:- ..
. . . . . . . . . . . . . .. . .. .. . ... .. . : :. ..: ; :'
. . .
(8) The investigating officer, seizing any. record orproperty under.sub-
..section -(l)--s:ha~ilw,-, ithi.n: a. :period.<bf. thi~ty:-~days.,;fro.m:..such.fi:l~e&'iaznu re,:
. .
application~requesting-forr etention-.of~such~recorddd.or~proper~y~before.theCourt.
. .. . . . . . . . ' . . . . . . . . . . . .. . . . . . _ . . . . . . . . . . . . . . . . , ; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., . . . . . . . .. :.. .. . :. .. '.. .
. . . .
.16. Power to arrest.- (1). If the.investigating officer. or any other
. . -.d f~icer.of-.:the:agenc:iye ferced:.to~in-sub-se~i.on-:(2)::soefc tion 24 ,authorized in
. .this::behalfib y~th~~~edera~i'~o~ernment,:b.gen-sepreacila.l..-oorrd.er ;:h .is,o n..the
. . basis-of-rnater.ial':i~n;hi~.~ossesyseioanio, n;to believe;.(the r~ason:for.~such:belief
:.to :be:-recorded in - w;iting).-that .any..persbn..:has:.bi.egeun- i.lty..-'.of-:.a6?f fe"ce
. . . . .:purii~shable.under~th.is.~~ct;:.~ahfteemr.6 abyt iining.-warrant,:from::t.h~eo u.rt..or
; r:thei.neakesti~udi.ci.~l.~:~a~istrsautceh/:ap erson.-gnd shal1,'as-:soon:.asm ay be, :.
inform him.';of.theg rounds.for such -arrest,:':.. . . . . '.: . ..: . .- . ... .. ..: .....
. .
. . . .r:. . . . .: 2(2): :.Th e.investigating offic-er:or~.any'other.officears;:f:h e case m,ay.b e,
-~shall;:irnm~di.ately:.after-.arsruecsht ~p~eorfs o~:u~de::s~~:.b-se(cI:-i)f~ o~rw ard a
cbpy..of.theo rder along.w.i.tht he copies or: details.:of thelrnhteria1,in hispossession
referred to.inl-thats ub-section to:the.head:of.the.concerne.idn vestigating agency
in a.sealed.en:velcip. in .them anner:a s ..maybe:~prescribed..and.,s.~acihe ncy shall
keep such order and material for such period as may-be prescribed. ..
-
. . c3) . Every person. arrestkd inder sub-section- (1) .shall, within twenty-
. four hours be.taken to a judicial magistrat. e h. aving-jurisdiction:, . .
. . . . .
Provided that the periodof twenty-four hours shall exclude the time
.necessary:for.thej ourney from the place of arrest to the~agistrate'sc ourt.
17. Retention of.property.-(1 ) Where any property .hasbeen seized
under section 14 or section 15 and the investigating officer has, on.the basis of
P A R ~ I ~ THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 - i 17
material in his possession, reason to believe that such property is required to be
retained for ihe purposes of investigation under section 9 such property may be
reta~ned for a period not exceeding ninety days from the time such property
was seized:
Provided that the investigating officer shall duly inform the Court about
any peculiar nature of the seized property and, where necessary, seek appropriate
directions for its proper care during retention.
(2) The investigating officer, immediately after he has passed an order
for retention of property for purposes of investigation under section 9, shall
forward a copy of the order along with thecopies or-details of the-material-in
his possession, referred to in sub- section (1) to the head of the concerned
" investigating agency, in a sealed envelop, in the manner as-may be prescribed,
and the agency shall keep such record and material for such period ascmay-be
prescribed.
(3) On the expiry of the period specified under sub-section ( I ) , the
property shall be returned to the person from whom such property was seized
unless the Court permits retention of such pToperty beyond the said period.
(4) The Court, before authorizing the retention of such property beyond
the period specified in sub-section ( I ) , shall satisfy itself that the property is
prinza facie involved in money laundering and the property is required for the
purposes of investigation-under section 9.
(5) After passing the order of forfeiture under sub-section (6) of section
9, the Court shall direct the release of all properties other than the properties
involved in money laundering to the persons from whom such properties were
seized.
18. Retention of records.-(1) Where any record has been seized
under section 14 or section 15 and the investigating officer has reason to beIieve
that any of such records are required to be retained for an inquiry underm~his
Act, he may retain such records for a period not exceeding ninety days from
the time the record was seized.
(2) The person, from whom records were seized, shall be entitled to
obtain copies of records retained under sub-section (1).
(3) On the expiry of the period specified under sub-section (I), the
records shall be returned to the person from whom such records were seized
unless the Court permits retention of such records beyond the said period.
118 THE GAZETTE OF-PAKISTAN, EXTRA., MARCH 27, 2010 ' -.... .- . . [PARTI
. .
: ::(4)ii-The Courtbefore authorizing the retention of such records beyond
the period men.tioned:in sub-section (1) shall satisfy itself that the records were
required for the.Purposes'.of investigation undersection 9.' . '':. ':
(5) After passing of an order of forfeiture.under sub-section (6) of
section-9; the~Court.shall:directth~e .releaseof the records :to;.thep erson from
whom such -records.were seized.. .. .... . .
19. Presumption,. as to records or property in certain cases.-
Where-any-document of public record is found in. the possessiontor control of
any -person:i n the course .ofa . su-rv'ey-OKa :search ;relating.to any predi.cate .
offence or:where any :records:.haus been received .from .any place outside
Pakistan duly adthenticate& by such.authority .or person and in-s.uch manner as
may .be prescribed. in;the course.of proceedings-.under this Act,the Court or the
investigating agency, as the case-may be;shall- ..: , . .. .. .... . ... .. .
. .
(a) presume, that the signature and every other part of such record
. .
... .. which purports .to beinlithi-;hand writing of any-particular person
. . . or which -the.~ o u irtn ay:reasonably :assq.me.t o, haveibeen signed,
. . : . . .by or to be in the-hand.writi.ngof, any particu.lar..person,is in.that,
person's. hand writing; and in the case of a record executed o r ' .
attested, that-it-was executed-orattested by theperson by-whom.it
. . .purports to have so executed or attested-;and... . . . :
. . . ..... . . . . . . . .
, . .
. , ..
(b) adinit the dbcument in evidence, notwithstanding thatit is not duly ,
'
stamped, .if such document is otherwise admissible in evidence. .
. . . . . . . . . . . . . :. .. .. .. .. .. :. . . .
. .,, . . ... 20.-...J urisdiction.-The .Court.of Session established-under the Code
of Criminal Procedure, 9898 (Act .V .of 1'898) shall; within its territoriaI.
, jurisdiction, exercise jurisdictisn :G try and adjudicate the offences'punishabIe
under this Act and all matters provided in, related to or arising from-this Act:
. . . . . . . . . . . ... .. .. .......... :... ..... ... .
Provided,- . . . . . . . . .
. . . .. . . . . . . . . . . , . . . . . . . . . . . .
.c1.
. .
(a) . where. the predicate offence is triable by any -courtother than the
Court of Session, the offence of money laundering and all matters
connected therewith or incidental thereto shall be tried by the Court
. . ' - trying the predicate-offence; and- . .
(b) where the predicate offence is triable by any court inferior to the
. , .
' . Couit of Session, such predicate offence; theoffence of money
. . I laundering and allmatters.connected therewith or incidental thereto
shal.lLbetr ied.by the Colurt of Session.
PARTI] TH-E GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2C!O 119
. . . . 21.--<:Offence:st:o :be n.om-cognizab.le and. :n.s.!-bsl.ila:ble.-(I)
No.twithstanding::..anything.cont&ned.ti1n1 e.'~ode-.u.f:~i-iminal.: :P.. ro&du~re;~t89I 8'
(Act of 1,893) andsubject to sub-sections'(2)iand(3);-. : : : .. . .. . .. . ...
. .
. .
;.. . (a) . ev.ery ;offence :punishable under ,this. Act. shall.:b6.n.on-coinizable
. . . . .- . .. . ... . . .
. .. . , . ., o n , , a , a e ; ': , : ....... : : - ,. . . . . . . . . . .. . .. . ,
. . ... .. ... ... . . . . . . . . .. .. ....... ..- .. .. .. ............... ..... .. .... . . . .. .. ... . < .. ... .:..... . .. .. :....... .. .
.:- .. - . (b).-. no person-.accused:of .an~.offence.punishable:under~thi~f.oAr~ at
term of imprisonment of. more than :three. years;.shall be~e~eased . .
on bail or .on his own bond unless- - . . . . . . .
. . . . .. . .. .. . ... .... ..... . ... ... .... .... . ...-. . .., . ... ... . .. . . . . . . . . . . . . .
, . : ( i )- ,. :t he..I?.ubIic..Prosecutor.habs een Igi.ven,.due::n.ot.ice.a; nd ' . "
. . . ... .. . . . . . . . . . . . . . . . . . . ... .. .. .. .. .. .. . . . .
. . . , . .
. . . . . . . . _._ . . . . . . . . . . . . . . . . . . . : . ... . . .:. . ;
- , (ii) . where-. the -Public Prosecutor opposes .the-.application,:the
Coust .is satisfied, that .~ther,e:.,~e,..~easpnable~,g.ffo6ru nds :
. . . . .
. . .. . :. be1ie.v.ing-that..he..ii.notguit]y o&.such;~,q~ence..and'::ht.hea.its
... .. . .. . . . ... . .. . ..; :.not likely :to. .,c.. o.m.mi.ta ny . o.f fe.nce. .w.h.i .le-qn,:bailI ; I : - :, ::.
., ....; r., ; . . . . . . ... . . . . .. . . . ...... ...................... ..... ..... .. .._.. .... ... .. . .. .......:. ............. ................... ... .... .....- .......... .. ....... .". ...i. i:.:l . .-....
(2) 'The court .shall not tdke cognlz&ce .of any offen.cL:.punishable'
unde.r. .. s. ection. except upo.n. a. .c.om. .p.la. i.n.t .in. :.w ~itingm ade .by;-,, : .
. . . ... .: . .. ...: ... ... ... . . . . . ... ...:. .. . . .. .. ... ; _.. . . ,. .. . . . .. . . .. ......... .. . . .. .. . .
('a) the investigating office?; or . . . . . . . . . .. . . . . ' , . . . . . . . ... . . . . . . . . . . .. . . . : . ... . ... . ... .' .. .. .. .... ........ . .... . ... ..... . . . . . .. . .
. -
. . . . . . ... . .. . , . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
(b) any officer of the Fedeial.Government or a ~rovincial.~ove~nment.
. . ...... ... . . a .-u thorized..:: in. w. r.it.in g in..th,izb, ehalf,by the.~ed.e.r.al.~. overnmenbty .. . ..a &neial::d;speiial order mad$! this behalf,byt h...a. .t.;.(.j overnment:.
,. . ' . . . . . . . . . . . . . . . . . . . . . . . . . . . . : .
.... . . . . ( . . . . . ........... . I . . . . . . . . . . . . .. . . ... : ... . .. . .. .. .. .. .. .. . :.:. . . . . ' _ .,I. . . . . . . . . . . . ..I . . provided that &her&th. e. .,,.p. e. ii& k~us,&d. ,. ..3i. sf. i.n.a.t.ic. i a=l, in.s t.i-t uti.o.n.,..th:e. :
. investigating offi&r6r,any qther authoiizid .officer,...as':thec ase maybe shall,
before filing such complaint,,.s eek the. approval. qf.,tl~ceo?n. .c.e.r.n. e. d. . r. e gnlatbry
autho. r.ity. w. h.ic.h. s.h.al not. withhol.d.. i. t s,debisicj~fao.pr. h.id d exceeding sixty days. . . . .. .. . . . .:. . . . . . . . . . I . . . .
. . . . . . . . . . . . . . i.. . . . . ,. . ... ..
(3) Thecourt halln not take:copnizan& af aGoffence.piinishable under
sub-section..(l) of section 33 except-upon a compl. a. .i.n. t. .i. n. writing made by the
. . ..... .:. . . . . . . . . . : ,.. . FMU:
. . . . . . . , . . . . .
@)'The and diic;ition on ifintirig ofbail specified in clause (b)
of sub-section(1) are"ina ddition to the po&i and ~is~~eti6ri'~hthdee'cioi de of
Criminal Procedure, 1898 (Act V of 1898); or any other la$ f6i'th.e time being
in force on granting of bail. . . . . . . .
., . , . .
: . 22.' ~ppiicationof Code.6 f.C.riminai- ~rockdure,1.8 98 (Act V of . . . . 1898)'to proceedings before ~omrts.-(1) Thk provisions'of'the Code of
C1-irninalProce.dure, 1898 (Act V of 1898) shall, in'so.faras'they are not
120, THE GAZETTE OF PAKISTAN; EXTRA., MARCH 27,2010
- ~
[PARTI
inco~-rsistenwt ish .theprovisions of thisAct, apply to arrest, bail,bonds,.search,
seizure, attachment, forfeiture, cofifiscation, investigation,pr.osecution and all
other proceedings underthis Act.
(2) The Federal Government may appoint a person who is an advocate
of a Hieh Court to be a Public Prosecutor on such terms and conditions as may
be determined by it and any person so appointed shall be competent to conduct
proceedings under this Act before a Court and, if so directed by the Federal
Government, to withdraw such proceedings:
Provided that a person shall not be qualified to be appointed as a Public
Prosecutor under this section unless he has been in active practice as an Advocate
for not less than seven years in the High Court.
'(3). Every person appointed as a Public Prosecutor under this section
shall be deernedto bea Public rosec cut or 'within ttie:rntaning of clause (t) of
sub-section (1) of-section.4 ofthe Code of Criminal Procedure, 1898 (Act V of
1898). and the provisions of that Code shall have effect accordingly.
. . . .
(4) :. When a Prosecutor appointed under-sub-section (I), is, for a&
reason, temporariiy unable to conduct proceedings before-.. the Court, the
proceedings shall be conducted by such person.as rnay'be"authorizedin this
behalf by the Court.
. . . . . .
. .
, 23. Agpeal'to High Court.-Any peison aggrieved by any final
.. .. decision or order of 'the' Court.may pefer an appeal to the High Court within
sixty days from the date of comrnunieation of the decision or oider on any
question1of law.or factarising out of such decision or ord. er: . .
. . . . . . . .
. . . . ' Provided. that .the High Court may, i f it is satisfied that the appellant
was prevented by sufficient cause. from filing the appeal within the said period,
allow i t to be submitted within a furtherperiod not exceeding sixty days.
Exp1anatiorz.-For the purposes of this section, " ~ i ~ h c o u rmt "ea ns,-
(a) the High Court within the jurisdiction of which the aggrieved party
ordinarily resides or carries on business or personally works for
gain; and
(b) where the Federal Government 1s the aggrieved party, the High
Court within the jurisdiction of which the respondent, or in a case
where there are more than one respondent, any of the respondents,
ordinarily resides or carries on business or personally works for
gain.
PARTI] THE GAZETTE OF PAKISTAN, EXTRA.. MARCH 27, 201 0 i2!
. . . 24 .. .. &p.poi~tmento.f - investigating officers :and-t heirpaswer~,-(1)
-3.. .. ..T he.investigating.a gencies, as providedin claus&.(j)o f iectioni2, may nominate
'such persons as they think fit to be the investigating officers under this'-Act
from amongst their officers. ' .
. , . . . . . - ... . . . :. .;:. .. . . . . . ... . . .. ....: . . . . .
, . . : !..< . . . . : .
. . . . . . . . . . . . . . :
(2) The Federal Government may, by special or gener&lofder, irnpoweian
officer 'not below BPS-1 8 of :theFederal Government o r o'h" a. Provinciai . . . . ... ... 'Gdveinment.to act as &n':iivesti~ating'6ffic&'unr der ihis Act.
... . . . . . . . . . . . . . . . .. .
. .
(3) Where any person other than a Federal or Provincial Government
Officer is appointed as an invesligating officer, the Federal Gsverament shah
als. o d.~ .e termine th. e,. t. e. .r.m. .s. . .a nd conditions 01h ig a~pointmenr... : . . . . . . . . .
. . . . . - : . . . ..: . . . . . . . . . . . . . . . . .
. . . . . . . .. .. . . . . .
. .. . . . . . .
( 4 ) subject to such iondit.i. o, ns,and.. lirnitgtipnsas the Federal
~overnmenmt ay impose an investigating officer may exercise the powers and
discharge the duties conferred or imposed on him under this Act.
25. Officers to assist in inquiry, etc.-The officers of the Fedel-ai
, . are.-:hereby empokered :to.a ssist the:.in:vestigating.-.qfficers;an-di agencies!.and .
.... . . . .. .. . . other authoritiesin' the enforcement of.this.~ct; . . . : ' . . . . .
. . . . . , . . . . . . . . . . . ....:... . : . . . .
. .
- . . .
. . . . . . . . ... ... .. . . . .. .. .. . ... ..... .. . . . :
. . . . . . .
26: Agre.emeiats' with foi-eign countri6s.-<T-)- The Fedei-ail
. . ..,..
, Government: .may enter -iritb an.-agreement .on.recidr6c~l- ib asis wiiii :the
~overnmenot f a G country outsi,de~akistan'for-- . . . .
. . . . . . .,. .. ;,;: : .::. . . . . . . . .
(a) enforcing the provisions of this Act;
. . . . . . . . . .
(b) exchange of information for thepreventian of any offence under
this Act or under the corresponding law in farce in tha: zouncry;
(c) seeking or providing of assistznce or evidence in respect of any
offence under this Act oi- under the corresponding iaw in force in ,
that country; and
. .
/d) -transfer of propsr;y're!ahng to any offence under this Act.or bnder
the corresponding law in force in that country. : . . .
(2) The agreement in terms of sub-section (1) shall be subject to such
conditions, exceptions or qualifications as may be specified in the said agreement:
I THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 [PAIZTI
--
Provided .that .the agreement shall :not be enforceable if it may, in. any
manne:, be prejudicial to the'sovereignty, security, nationa1,interest or public
order. . .
(3) In this section and the succeeding sections, unless the context
~thei-wirse~.q uires,-
( a ) the expression "contracting State"means any country or place
outside Pakislan in respect of which arrangements have been made
by the Federal Government with the Government of such country
through a treaty 01- otherwise;
- (b) the expression "identifying" includes, establishmentof a p;oof that
the property was derived from, or used in, the commission of an
offence under section 3; and
(c) ''t~acing" means determining the nature. source, disposition,
movement, title or ownership of property.
27. Letter sf request .ts a- contracting- $tate etc.-(1) Notwith- '
.standin,o anything contained in this ~ cort th ecode of criminal Procedure.
1898 (Act V of .1898), if: in.the course of an,investigation into an-offence or
. . other,p!-oceedings under this Act, the investigating officer or any office; superior
in rank to the investigating officer believes that-any evidence is required in
connection with investisption i.n to a. .n. off.e nce or proceedings u~lderth is Act and
he is of o@ijlion that such'.evid-ence may be a&ilablk in any place in the
contracting State, he may, with the prior permission of the head. of that
ii.~vestigation agency, issue a letter of request to a court or an authority in the
contracting State competent to deal with such request to-
(a) examine facts and circums~anceso f the case; and
(5) take such steps as he may specify in such letter of request.
-(2j The letter of request shall be transmitted in such manner as the
Federal Government.may specify in this behalf.
(3 Every statement recorded or document or thing received under
subsection! i ) shall be deenied to be the evidence collected during the course of
investigation.
28. Assistance to a contracting State in.certain cases.-Where a
'letter of request is received by the Federal Government from a court or authority
PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 i23
in a contracting State requesting for i~~vestig~tiinoton an offence or proceedings
under this Act or under the corresponding law in force in that 'country, the
Federal Government may forward such letter of request to the Court or to the
authorized officer or any authority under this Act as it thinks fit for execution of
such request in accordance with the provisions of this Act or; jn the manner
sought by the contracting state so long as doing so would not violate laws of
Pakistan or is, in any manner, not prejudicial to the sovereignty. security, national
Interest or public order.
29. Reciprocal arrzngements for processes and assistance for
transfer of accused persons.- ( 1 ) Where a Court, in relation to the offence
of money laundering, desires that -
(a) a summons to ar accused person;
(,b) a wa~anfto r the arrzst of an accused person;
(c) a summons to any person requiring him to attend and produce a
doculllent or other thing or to produce it, or
(d) a search warrant,
issued by it shall be served or executed at any place in any contracting State, it shall
send such su<?mons or warrant in duplicate in such form, to such court, judge or
magistrate through such auti-iolities as the Federal Government may speclfy in this
behalf and that court. judge or magistrate, as the case may be, shall cause the same
to be executed.
(2) Where a Court, in relation to an offence punishable under
section 4, has received for service or execution -
(a) a summons to an accused person; r .
(b) a warrant for the arrest of an accused person;
(c) a summons to any person requiring him to attend and produce a
document or other thing, or to produce it; or -
<d) a sexcl? warrant, issued by a court, judge or magistrate in a contracting
State, it shall cause the same to be served or executed as if it were a
summons or wanant received by ~t from another court in the said
124 THE GAZETTE OF PAKISTAN. EXTR?,.: MARCH .27, 2010 [PAIX T
terr~tor~efosr service or execution within its local jurisdiction: and
where-
(I) a warrant of arrest has been executed, the person arrested shall
be dealt with in accordance with the procedure specified under
section 16;
(lij search warrant has been executed, the things found in this search
shall, so far as possible, be dealt with in accordance theprocedure
specified under section 14 and 15:
Provided that the provisions of this sub-sectlon shall not have effect if
the exercise of power thereunder is. in any manner, likely lo prejudice the
sovereignty, security, national interest or public order.
(3) Where a person tra~sferred to a contracting State pursuant to
sub-section(?) is a prisoner in Pakisian, the Court 01- the Federal Go\~ernnent
may ~lnposes uch conditions as that Court or Government deems flr.
(4) Where the pel-son transfz1:red tb Pnkistar? pursuant to sub-section
(1) i s a prisoner in a co6tracting State, tfie Court in'pakistari shall ensure that
the conditions.subject to which th? prisoneris transferred to Pakistan ire.
complied with and ~ u c hpr isoner shall be kept in such custody subject to such
conditions as the Federal Governme::t may till-ect in \li.ridng. . .
. . 30.. Attachment, seizure a,$d forfeiture etc.; sf uropertyin a
contracting State or ~akistan.-(1) Where the investigating officer has made
an order for attachment of anjlproperty under scctibn 8 or wl~ereth e C&I-t has
made an orde.;'confir-millg such attachment or forfeit'i~ree f any F~oprt$un dcr
section 9anG s.uch property is suspected to be in a contracting state,the.~ourt
on an application by the investigating officer, nay issue-aletter of request to a
Court or an authority in the contracting state for execution ol'such order.
) Where a letter of request is received by tl~e.'Fedeial:Government
from a court in a contracting State requesting attachment or forfeiture ofthe
property in Pakistan derived or obtained, dit-ectlyor indirect!yl by afiy perscn
from the commicsion of an offenc~un der section 3 committed in that contracting
State, the Federal Government may forward such letter of request to the
investigating agency, as it thinks fit, for execution in accordance with the
provisions of this Act or permit execution of the request in the manner sought
by the con~ractings tate so long as doing so would not violate laws of Pakistan
or is, in any manner, notprejudicial to the sovereignty, security, national interest
or public order.
PARTI] THE GAZETTE OF P-A-K ISTAN, EXTRA., MARCH 27, 2010 125 -
. .(3) The ;Federal Governmeilt may, .on receipt of. a..:letter..of request
under section 27 or section 281 direct any iiavestigating.agency under th.is. .A ct to
' . take all steps nec. ess. ary for tracing and identifyingsuch. property. . ' .
. . . .. . . . . .
(4) The stepsreferred to in sub-secfon (3) may include any inquiry,
- . inv-estigation-of survey in respect:of any person, place;' property, assets,
documents,books of -accounts in any bank or-financial institution or: any. othei
. .
relevant matters. :. . . . . . . . .
( 5 ) , Ally inquiry, investigation, or survey referred to insub-section (4)
0 . shall..b e carrie.d.,o. u. .t .b y .a.n. .ag ency r&nti6ned in ~ ~ b - & ~(t3)i. i~n nac cordance
.. ..: >
. . . . . . . ... . . " wi. t< su. ch~diiect~ons.is. s.u.ein.d . a.c.c.o.rd ance'wit.h. t.h.e. p rovisions if thisAct.
.. . . .. ... .. .. .. . . . . . : . ; . . , . .:. . . . . . .
. . . . ... . . (6). The: piovisions of this Act-r elating: to. atta&hlnefit;gdjudid'atibn, . . .
..'forfeit ire': vesting of ipopeftyin.t he 'Fedeial '~ov~ernment;'su~ve~,'a:n~de arch
seizures shall' apply to the property in .respect of which 'lette. .r of request is
received from. a court of contracting State for attachment or.forfeiture of
: property.. . . : . . . . . . .. . . .
. . . . . .
. . . . . . .
3 1 .' P r o c e d u r e i n r e s p e c t of'letter: of ye<&st.-~very .letter of
-. request summonsor warrant, received by the Federal ~overnrnenlf.r om, and
every letter of request, summons.or warrant,. t. o.be tra.nsmittedto.a.contracting . .
~rateindef.thiAs Cs~ha ll be tranimittLd:so a.con.t-.r ict. .i ng state or,..ai'th&c ase
may be, sent 'to' the condiried court' in Pakis'thb in. iuch'foim and i n Sdch
. . ...
. manner-as thk F&d&ral~overim&mta y specify.i6 this behalf.
. ... ... . . . . .
32. P u n i s h m e n t . f o r vexatious su.rvey and search.-Any
inv.estigating.:officer. exercising powers. under: this:.Act .or 'any..rules made
. . thereunder;who, without prior from the court;- . .
. . . . . . . . . . . . . . . .
. . (a),.. . s,ur .v ey. s or searches, or causes to be surv.eyed:oi$earched,a ny.b uilding
. . .or place; or .. . .
(b) detalns or searches or arrests any person,
shall for every such offence be liable on conviction for imprisonment for a term
whlch may extend to two years o; fine which may extend to fifty thousand rupees
or both.
33. LiabiIity for faiIure to fiIe Suspicious Transaction Report and
for providing fahe information.- (1) Whoever willfully fails to comply with
126 THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 20 10 [PARTI
..the suspicious transaction reporting requirement as provided i n section 7 or
give false information shall be liable for imprisonment for a term. which may
extend to three years or with fine which may extend to one hundred thousand
rupees or both.
(2) In the case of the conviction of a reporting entity, the c,oncemed
regulatory authority may also revoke its license or registration or take such
other administrative action as it may deem appropriate.
3'4. Disclosure ofinformation.-(I) The directors, officers, >,
. . . . . . .. .
employees'and agents of any reporting entity, financial institut.i o'.n , non-financial
business orprofe$sion or intermediary which report isuspicidis' transaction or , .
CTR pursuant to this Act or any other authority, are prohibited from disclosing,
directly or indirectly, any person involved in the transaction,that the transaction
has been repo.r ted..
(2) A violation of the sub-section (1) is a criminal offence and shall be
punishable by a maximum term of three years imprisonment or a fine which
may extend to five hundred thousand rupees or both.
(3) ' Any confidential information furnished by a financial institution,
. .
con-financial business and profession,or any other.persbn, under or pursuant to
': the provisionsof this ~ c t , ' s h n l la,s far as possiblk, be.. .k. ept confidentialby the
FMU, investiiation agency or officer as the case may.be.
35. Bar of jurisdiction.-(1) No suit shall be brought in any Court to
set aside or modify any proceeding t a ~ e nor order made under this Act and no
prosecution, suit or other proceedings shall lie against the Federal Government,
or any officer of the Government, or FMU. its officers or any agency controlled
or supervised by the Government, or members of the National Executive
Committee or General Committee for anything done or intended to be done in
good faith under this Act.
(2) ' No Court shall have jurisdictioll to entertain any suit or proceedings
in respect of any matter which.the investigating officeiand Committee or the
Court is empowered by or under this Act to determine and no injunction shall be
gmtedb; any court or other authority in respect of any action taken or to be . .
taken in pursuance of any power conferred by or under thisAct.
Panr!] THE GAZETTE OF PAI(JST.4N. EXTRA., MARCH 27, 2010 - - !2 7
36. No.tices, etc.:not..to beinvalid on.certaingrounds.-NO notice,
. . sumdons, order, document or otherproceeding, furnishedor made or issued or
taken orpurported to- have-been furnished or mad&or issued or taken in pursuance
. . . . . . . . . . . . .
of any of th&'provisi6nsof t h i s . ~ bSt hall 'bk invalid, o,r:shall be deemed to be
invalid merely by reason of any .mistake, defect oriomission in such notice,
su. m. mons, order,.docu~. en. ts. .o r.op.tr~o.ecre.e d.in gs-if .such notice,.summons; order,
. . 'doc.'& nen.t o r , ~ t h ~ r . ~ r o c ~ eisd.iinn sgub stance and effect in. conformity with or
accordingto the intent and .purpose ,of this Act. ' .
... . . . . . . . . . .. .. . . . . . .
. .
: . 37. - Of.f e. nces-b y -:companies;-(J)].Whe.re a person::comm'itting a
contiavention~~6inf y of th&'.proi;isionso fthis Actoi 6f any rul'e.,. d. .ir. e. c. .'t.i.o.n., 'or
' / . ' ' . order made thereunder is.a.company, every person:wh'~, ?t:.:the"time the
conb.averition was committed, was iesponsible for such contravention'in the
conduct of the business of company. shall be.-deemedto. be guilty of the . ,
contravention and shall b. e..~.lia blet o .be proce.e.d. e. .'d. . . a. gkinst.and punished .
. . .. . . . . . . . : . . . ~. . . . . .
accordingly: . ; . .. .. . . .. . . . . . _... . . . i
. .
,, ~royidedthant othing containedin .thiS sub-section shall render any such .. '
. liab'1.e to if he proves that the contravention took place without
his knowledgeor that he exercised.al1 due diligence..to.prevent such contravention. .. . .. :.: . ... ... . . . . . . . . .. . . . . . . .
. . .
. .
. . . ........ . . ............ . . . ...... . . . . . .. ? . .... . . .... - . ../ . . c2) ~otwithstanding-anythingi n,sub.~. ~. e. c. t.i.o.n .(l~~:whceornet.raa vention.-
of any of the provisions of this ~ c t . o r :a~nfy rule, direktion or. order made ' .
thereunder has been committed by a compan.y. ...a.n d,,i t ' i s prov.ed that.the
cbfitravinti.on has tak.en. .p.l~. c. e. '.G.it. ht.h .ac. o. k. s.e.n.t,.,c. o. n. n. i.v anc& or knowledge of
. anydirector,kanager, secretary or other offic.er..of..an y.companys, uch'directbr,
manager, secretary orother officer shall also bedeemedto be guilty of the
. contrave.ntion .and shall- be. liable. t .o . be proceeded against :and punished
. a. ccor.d . ingly. . ... . . . . . . .. . . . . .. . . . . . . .... .
Exp1nrzariorz.-For the purposes of this section the expression "director"
in relation to a firm. means a partner in the firm.
38. Continuity of proceedings in the event of d e a t h o r
insolvency.-
(a) any property of a person has been attached under this Act and no
representation against the order attaching such property has been
preferred; or
'128 THE GAZETTE OF PAKISTAN, EXTRA.;. MARCH 27, 2010
- --
[PARTI
(b) any representation has been preferred to the Court, and
. . . . . . . . . . . . . . .. . . .
. - . . . .
. . (i).. .in.a ~casejreferredt 6 in. clause (a) such person dies -or is ' . '
. adjudicated i s insolvent before prefel-rin,a repr&sentation to the , ' . . .
. . . . . Court;or . .
. . . . . . . .
. , , > ,. , . : . . ;:.:. .
. .. . . . .
. .' '(ii).' in'a:'ca~e'i&fe&etdo in clause .(bj; such person die$. or is
. .. : .. . .. . . . . . . .. adjudicatkd a9 insolvent durin~the:~endencyr.oepf iesentdtion,
. . . . .. . . . .. .. .
.; . . .
<then it shall be lawful for the. legal representatives of such person or the official
. assign.ee. o. r. t he official.receiuer, as:the case may..be;t o prefer representation-to the
Court, or ,athec ase m. .a.y.' b e,t b:.continue;the.iepresentatiboenf orelthe Court,;in the
place of such' person. . , ' , , ' . . . . . . . : . . : . . , . . . . . . :. . . . . . , :. .. . . . ... . . . . . . . . .: . ' . . -.. . .
. .
. . . . . .
.. '(a) 'kfier'ijassing 0f adicision or order by the Court, no appeal has been
.$leferred to the High Court under.section 23;or
. . .
' . (b) an)-such -appeal has been pref;rred:to the-High Cour. t.,.t.h.e. n-
.. .. .. . . ....... . . . ., : , .. . . . .. . ... . . . . .. . ..
. . . . - .
. . ,. .
, . .
. .. ... . . . . . . . . . (ij 'in a case referred to in',clause (a), the period entitled to prefer.
appeal. dies. or is adjudicated aninsolvent. hefire preferring .an ,
: . . . . . . . . - . . . .. . . ' -appeal to the Higb~ourto,r . . . . . . . . . . .
. . . . . . . . . . ..... ... ..., . .. . .. . , . . . . ..... .. . ... .. .
. .
. : .
. (ii) in a case referred to iri:claLise,(b) the person who had ' ' ,
, .
. . . appeal dies dr is adjudicated as insolvent duiingthe pendency. of .;
the appeal.before the High court, ' . . ' ' ' . . .
. . . . . . . . . . . ..,.. . . .. . .
then; it shall be lawful for the:legal'iepreieritatives bf iuch$erson,or the official
assiao nee'cr A- thk efficial receiver,as the case may be, :a prefer aii appeal io,ihe
-High Court or to continue the appeal before the.High Court in place of such
.'person andtheprovision of.secfion 23shali, so far as:may be, apply, or continue
. . . .
to apply, to such appeal. . .
- . . . . (5) The powers of the official- hs.signee or the official receiver under
sub-section (1) .or sub-section .(2) shall be exercised by him subject to the
provisions of the Insokvency (Karachi Division) Act, ,1909 (111-of 1909). or the
Provincial Insolvency Act, 1920 (V of i920) as the case may be.
. .
. 39. Actto have overriding effect.-(1) Subject to sub-section (2),
the prooisions:of. this.Act.-shallh. ave effect notwithstanding anything to the
contrary contained in any other law for the time beins in.force, .
PARTI; T I E GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 129
(2) The provisions of this Act shall be in addition to, and not in
derogation of, the Anti Narcotics Force Act, 1997 (I11 of 1997), the Coiltrol of
Narcotics Substances Act, 1997 (XXV of 1997), the Anti-terrorism Act,
1997(XXVII of 1997) and the National Accountability Ordinance1999 (XVIII
of 1999). .
- 30. Members etc., to be. public aer-vants.-The .Director. General,
Members of the National Executive Comm~tteea nd General Committee. and
- oth& officers and employees of the FMU. investigating officers and the
subordinate officers to him shall be deemed to be public servants within the
meaning of section 21 of the-Pakistan Penal Code (Act XLV of 1860).
41. Act not to apply to fiscal offences.-Nothing in this Act shall
apply to fiscal cffences.
42. Power to amend-the Schedule.-The Federal Government may,
by notification in the official ~ a z e t t ea,m end the Schedule to this Act so as to
add ally entry thereto or modify or bmit ally entry therein.
43. Power to make rules.- The-Federal Government may in
consultation with the National ~ x e k t i v Ce ommittee and by notification in the
official Gazette make rules for carrying out the purposes of this Act.
44. Power to make regulations.-Subject to the supervjsion and .
control of the National Executive Committee, the FMU may, by notification in
- the official Gazette, make such regulations as may be necessary for carrying
out the purposes of this Act;.
45. Power to remove difficulties.-If any difficulty arises in giving
effect to the provisions of this Act, the Federal Government may, by order,
published ir, llie official Gazette, inake such provisions not inconsistent with the
provisions of this Act, as may appear to be necessary forremoving the difficulty.
46. Validation oi actions, etc.--Anything done, actions taken, orders
passed, instruments made, notifications issued, agreements made, proceedings
~nitiated,p rocesses or communication~issuedp, owers conferred, assumed or
exercised, by the Financial Monitoring ~nit*~ommissioorn it s officers on or
after the 5th January, 2008 xi: :.;i'ore the commencement of this Act, shall be
deemed to have been validly done, made, issued. taken, initiated, conferred,
assumed, and exercised and provisions of the Act shall have, and shall be deemed
always to have had, effect accordingly.
---
130 TRE GAZETTE OF PAKISTAN, EXTRA., MARCH 27,2010 [PARTI
THESCHEDULE
[See section 2 (w)]
Section-I The Pakistan Penal Code, 1860 (Act XLV of 3.860)
109 . .Punishment of abetment if the a c t abetted is.committed in
. .consequence and where no espresspl-ovision is made for. its
. . . .
punishment. . .. . . . .
. . . . . . .. ... . ,.., . . .
11.1 . Liability of abettor. w11en:one act abetted:and different .act: done:
112 . .Abettor when.liability t ~ ' c ~ r n m h t a t j . v e ; ~ n i ~ hfmoreanctt abetted
. . . . and for act done. , . . ,. .
113 ,. . Li.ability .of abettor;fo~..ail.affec~t~:c:bayu~ rehde 'act,.abettedd ifferent
. . . .. . . .. . .... . . . . . . fromthat intended b i the abettor. -: : ' . , '
. .
. . . . .
Abetment of (sffence pucishable viiih death'or impriso~lment f ~ r
life, .if. offence not cornmitteG, if,.ict causing harn~:.be done in
abetment of offence punishable yi.th imprisonment, if pffence be
not committed. .. .. ..
. . . . .
Abetting commission of offence by .the public'.or~bmy ore than ten..
persons. . . . . . . . .
Concealing design toco~nmitoffenc'.ep unish.abie'.wit'nd' eath or
irnprisbn.nlent for life, if offence by committed::if offence be not
-comm.it.ted. . . . . .
. A.> . . '
Public servant concealing design to commit offence which it is his
duty to prevent.
Concealing design to coyrnit offence punishable with imprisonment
/
-Punishment for criminal conspiracy. . . .
121' Waging, or attempting to wage war, or abetting of war against
Pakistan.
121 A Conspiracy to conmit offence punishable by sec.tion.121.
PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 3010 131
122 Collecting arms, etc. with intention of waging war against Pakistan.
161 Public servant taking gratification other than legal remuneration in
respect of an official act.
162 Taking gratification, in order, by corrupt or illegal means, to influence
publicservant . . . . . . . ... . .. .... . ... . . . . . .. ......... ::..: .... . .
. . . .. ..... ...
163 Taking gratification, for exercise of personal influence' with public
. . . . . .. . . . . . . servant . . . . . . . . . . . ; . . ., .. . ... . .. .. ..
. : . : : . . . .
. .
. . ... . . . . . . . . . : . . . . . . . . . . . . . ...... . ?
164 Punishment for abetment by public servant of offences defined in
section 162or 163. . . . ....... .. . . ..:. .:... .
. . . .. . -. . . . .. . .. . . . . . . ., . ... . ...... . ~. ... ,..~. . .'. . . . .
. ., :, .
. . . . . . . ." ' . . . . . -
. . . .
. . . .
I G5 Public servant obtaining valuable thing, without coniiaerati.on from
pel-son concerned in proceeding or business' transacted by such
. . . . . . .- .... : . . . . .. .. .. .. ... .. .. ..-. . ... . .... . . . . . .
:. . . pu~blicservant.. . . . . . .
: . ......
. .
165A . .Punishment for abetment of offences defined in section. 16.1.. . . . .
: ... .. ... ... ;. ; . . .. :.. ... ........ .. .. .... .... ..... . .. . ,..:.. ... ... .
"32 punishment for qatl-i~arnd; . . . . . .
316 Punishment for qatl shibh-i-amd.
. .. .. .. .. . . .. . . . . , . . . . . . . .
327 punishment. .:. . . . . . .
. . .. .
337k Causing hurt to extort confession or to compel restoration of
property.
343 Wrongful confinement for -three or rnore.days.
. . , . . . ... ... .. . . .. .. .. ....
. . . . . . , . . . . . : - . . . . . .
. . . . 344 . Wrongfulconfinement for ten or more'days. ' '..
345 Wrongful confinement for person for whose liberation writ has
been issued.
346 Wrongful confinement in secret.
347 Wrongful confinement to extort property or constrain to illegal act.
348 Wrongful confinement to extort confession or compel restoration
af property.
132 THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 20 10
0 --- [ P AI[ ~
-- --
. .
363 . ..., Punishmentf or kidnapping. , . . . .
. . . . . . .. . ... -. . . . . . . . ' . . . .
. . . . . .
. . . . . .
. . ,364 . Kidnapping orabdyetingin.orde.r .. tomurder. . . . .
. - . . . . . .. .. .. . . . .
364A ' ' Kidnapping or adducting a pel-ion ilnder thk age of fourtee"; '
. . . . . .. . . . . . . . . . . . .
365 . Kidnapping or abducting with intent secretly or-wrongfciIly to confine
person:
36 jA:::": idn napping or abducting for extorting. property, GaiUible seciirity . . r . -::;
... . ., .,,
etc.. ;:, . . . . . . . . . .. . ..... . . .
. . .. .. . . . . ... . . . ... . . . . . . . - .. ...: . - . . . . .. .... ... . .
365B Kidnapping, abducting or inducing woman to compel for marriage
. . . . e tc. . ... ..... . .. .. . .. .. . . . . . . . . . .,... . . .. , .. ., . . ...< . . . . . . . . .. . . . . , . . . . .
... . . . . . . . . . . . . : . . . . . .
. : . ,. 366 . Kidnappirig, abducting or inducingwoman .to cornpe.1. hermarriage,
. . etc: . . ,.
. . . . . . . . . , . . . . . . .. .. . .: . . . .:. .,. ... ... . . . . . . . . . . . . . . . . . . . .... .
/ .
366.A. Prdcuratiori df minor &I. ..... " . ' . . . .
. . . . . . . . .
.:,
. . ... . . . . . . . . , ..
. . . . . . . ., .:
. . . . . .
366B Importation of girl from foreign country.
. . . .., .
367 Kidnappin2 or abducting i n o rder to subject person tb grievous ...
, . . : . .
hurt, slavery etc. . .. ..
. . .
. , . , . . . . . . . . . . . . .
' 3 6 7'~ " ~ i d n a ~o~r iibndk~ti ng inorder to subject p. erS. on to unnatural
. . . . .
lust.
368 Wrongfully concealing or keeping in confinement, kidnapped or
abducted person.
369 Kidnapping or abducting child under ten years with intent to steal
from its person.
370 Buying or disposing of any person as a slave.
371 Habitual dealing in slaves.
27 1 A Selling person for purposes of prostitution etc.
P ~ l t ~ l i THE GAZrrE OF PAMSTAN, EXTRA., MARCH - 27, 2010 133
3718 Buying person for purposes of prostitution etc.
374 Unlawf~I~ ~mpulsolrayb our.
376 Punishment of rape.
379 Punishment for theft. -
-,
380 Theft in dwelling house etc.
381 Theft by clerk or servant of property in possession of master.
C 381A Theft of a car or other motor vehicle.
382 Theft after preparation made for causing death, hurt or restraint,
in order to the conlmitting of the theft.
384 Punishment for extortion.
-
385 Putting person in fear of injury in order to con,mit extortion.
392 Punishment for robbery.
-
395 Punishment for dacoity.
402 Assembling for purpose of committing dacoity.
1028 Punishment for hijacking.
402 hijacki
406 Punishment for criminal breach of trust.
41 1 Dishonestly receiving stolen property.
412 Dishones~Iyr eceiving stolen property in the commission ofa dacoi
413 Habitually dealing in stoien property.
414 Assisting in concealment of s ~ , , , ~I , , A - - , .
Punishment for cheating.
. .
134 THE GAZETTE ,OF:PAKIS,TAN, EXTRA., MARCH.: 27i 20 10 .., : . .[PAR1T
. . . . . ,
. . . .. . . :.... . . . .... . . . . . . .
P.
. . . . .
422 Dishonestly or,fraudulently preventingdebt being available for
creditors.
423 Dishonest or fraudulent execution of fees of transfer containing .
false statement of consideration. -
424 Dishonest or fraudulent removal or concealment of property.
465 Punishment for forgery.
. ,. -. 46.7, . .!: F~r.geryo.f valuab:le.security;-wille,t c: . . .... : . . , . \ ' . . . . . . . .
. .
. . . -. . .
-468 Forgery for the;,p.urpose:ofch-eating:. :: . . ' , . . .. . . .
. .
. , .
. . . .-.4 71 :. '-usi.ng::aS genuine a:forgedi'docu:~niiit.'. : :". . .: . .. . .. . .... . . . :.: . . . ... . . ... - . . . . ;.. . . ..:.:. :. . .. : . ... . .......,.:. . .. . . . ,
472 ' Making or pos,ses'sing counterfeit seal, etc. witb intent to commit
forgery punish.ab]e'unders eetion &67;.;" '::'.' . : .. ...<. . . . . ... . . . .
. .
. .
473 - . : ~&king:orp,ossessinego unteffiit seal,: iic"&ith:.intent to'commit
. . . .
. . . 474 Having of diturn,e. ntI .d esc...r..i..b ;e..d. d. i.n.S - ection 466.0; 467
. . k&&ir?g it.to be fbrgedand,ihteiding.tbube'it asgenuine. . . . . . . . . .
. . . . . . . . ..., .... . :. . . . . . . . . . . . . 475 ~ ~ ~ ~ t ~ t f o~~i' '~~.~df k~-f6v'iu'&i~f~ietf&~ien' i iiatingd ocuments
describkd in section 467, or possessingcou~terfeitm arked material
. . . . ... ... ,... . . . . . . . - . . ,
. . . .
. . .
476 counterfeit device or rnark.usedforauthentlcating'documentost her ' . ' '
than 'those described-in.:.: 's.k i. ti.o n 467;-or 'possessing cou~iterfeit
marked material. , , . . .
. . . . . . .. -
. .
47. 7 .,. . .~.r. a .u. d,ulent~canceldleas~tr uction, a . . .e.tc.., ofwi.ll., a.ut hority to.adopt,
. .. .. .. . . . ., - . . . . . .,. or.valuable security.
. .
:.
477A Falsifidation of accounts.
. . . . . . . ;
482 Punishment for using a false trade-mark or property mark. . . .
, . .
. . . .
483 Counterfeiting a trade mark of properSymark used by another.
484 Counterfeiting a mark used by a public servant.
PARTI] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 1-35
485 Making or possession of any instrument for counterfeiting a trade
mark or property.
. .
., .,.. . . . . . ... ... . . ... . 1 . . . . . . . .. , . .
486 . . Selling goods marked with a counterfeit.:: tia.d e :.kark or property
mark. - . . . . . .
487 Making a false mark upon any receptacle containing goods.
488 Punishment for making use of any such false mark.
489 Tampering with property mark with intent to cause injury.
489A Counterfeitingcurrency-notes or bank notes.
489B Using as genuine, forged or counterfeit currency notes or banknotes.
489C possession of forged or counterfeit CUI-rency-noteos r bank notes.
489D making or possessing instruments or materials for forging or
counterfeiting currency-notes or bank notes.
. . . . . . . . . .. . . . . . . . . .. . . .: . .. . ... . . . .
./
. . . ' " .
4896, 'Making or- u s h i documents fesemb.lirig'.currenric.y -n. otes or,b ank ' .
,notes. -
. . .. . . .. . . , . . . .. .
. ..... . :.:.. .........: . . . . .
493A cohabitation causedby it&in'dedeitfijllyi n. .d. ucin a..bel.iefo f lawful
. . . . . . . . . . . . . . . . .. .. ... .. . .
marriage. . - , .
. . . . . . . . . . . . . .. ... . . . . .
. .
. . . ... . . : ' ..
- .
4.9. .6. .A. . . . Enticing or taking away or,detaining with criminal.intent a woman.
. . .
j '
. . . . . . . ... . . .
. . .
Section -11 . The Arms Act,'l878 (XI of 1878)
. .
. . . . . 8
. . . !
19 For'breach of section !i, 6,'.10, 13 to17.
< -
20. Foesecret breaches of section 5. t.o .1:0 ; :14 and 15.
section -111 ' The ~olrei~neArsc t;l946 (XXXI of.i94.6)
14 Penalties.
Section -1V The Copyright Ordinance, 1962 (XXXIV of 1962)
66 Offences of infringement of copyright or other rights conferred by
this Act.
h.'
. .
. . 67 . 'i~ossession-.o:f$ates-f or purpose-of maki ng:infcinging copies.
. . . . . . . . . . .
GS Penalty for ~nakingfnlsee ntries in the-Register?e tc. or producing
. .
. , , . : . or:tendering.false.evider-ice; ' ' . .;. .. . . . .
. . . . . . . .,.
. 6 9 . Penalty for making false statements for the purpose.of deceiving
. . . . . . . . . . . . . . . ' , , :. :.. . . or-i,rifluencing:anya uthority oi'officer. . , -
70 False attribution or authorship, etc.
. . .... ... .. ... . . : .. . . .. . .. .. ... .. . . . . . . . ... .. . . . . .... .., .. ... .
Secticdar -V The Pakistan: Arms .Ordinance,. 1 9 e (W.P. 0rdinance.XX ' '
of
j) . . . . .:, ... .:,: .... 1 , . . . . . . . . ..: . . . ,. .; . - . . : ,
. . . . . .
.. .. . . .. . . .- . .. . .. . . . . . . . . . . . . . . , . . . . 5,
. . ..: . . . -
. . , . . 13 . ~ e n i ~ t j : fboire aiil df &;tiiins 4, 5; 8 to I I . . .. :. . .
. . . . .
Sec. tj.ab. .-V IThe Securities and.E. .x. .c hang. e. A. .c.t,. 1. 9 ..6: .9. (.X VII bf 19.69). . . . . . . .. . . . . .
.. . . . . . . .
A11 olfenees: u.n d. er this ~ c t , ~ r.. e. .s.. c. ~. .b i ~ ~ . m i ~ i m ufo~r a period of
oves one year. . . . . . . . . . . .. . ., .. .
. . , . . . . . . . . . . . .
. . . . . .. . . , ..
Sec.tio.n-.VI I The . ~ . m i ~ ~ a t0irodinn ihee,.1979.( X.V. I.I.I...:~1 ~97~9 j ' .. :. .. ' . ..
. . . . . :. .. . . - .. . . .
. . . . . . ,. .~.. . .
17. Unlawful'imn~igratione tc. , : ' .
, . .
18 .... -Fraudulently inducing to emigrate.. . . . . . . . . . . . . . . . .
. .. . . . . . . . . . . . , . .
, . 19 ' ~ali&'r&$res<itatioohf ~6vernme~t:authoiit~.: . . " . .
22 Receiving money etc. for providing foreign employment. .
. . . . .. . .. . . .
. . . . . . . . . . .
seeti& --VIII T ~cOont rol of ~arcotie~ upstanegi~ k,,19.9(7X XV of
1997) : .. :. . ' ' . . . . .
. .
. . . -. , . . . . . .. . . . . . . . . . .
. .
5 Punisl~ment for contravention of section 4.
4 Punishment for contravent~ono f section 6,7 and 8.
11 Punishment for contravention of section 10.
13 Punishment for contravention of section 12.
1.5 Punishmen: for contravention of section 14.
41 Prohibition of alienation of freezed property.
42 Prohibition of acquiring property in relation to which proceedings
have been taken under the Act.
. . . .
p A K.I.. I ] THE GAZETTE OF PAKISTAN, EXTRA., MARCH 27, 2010 . '
. . -.- I . . 3 /
- .
. .
Section -1X. The Anti-~errorisrnA ct, 1997 (XXVXI of 1997) .
AII offences under this Act prescribing lnini.r nii.m. pu nish!nenc -?ora period c?f . .
over one year.
. . . . ,
Section -X National Accountability Ordinance, 1999 (XVIZI ~ r 6"3 99)
! 9 C~I-ruptioann. d corrupt Practices.
. . .. .
. . . .
Section -XI The'Registered ~ e s i ~ 0ni-sd inan'ce, 2006) (XL37 o,f..230Q)
. . ,
. .
RAJA MrJH,4b;lPJlPJiAD APJii?.!,
Secretary.
PRINTED BY THE MANAGER PRINTING CORPORATION OF PAKISTAN PRESS, ISLAMABAD.
PUBLISHED BY THE DEPUTY CONTROLLER. STATIONERY AND FORMS, UNIVERSITY ROAD, KARACHI