section 72A
Inter-ministerial Co-ordination Committee.
The Prevention of Money-Laundering Act, 2002Criminal200281 sections10 chapters
Chapter X MISCELLANEOUS
Statutory text
1[72A. Inter-ministerial Co-ordination Committee.--The Central Government may, by notification, constitute an Inter-ministerial Co-ordination Committee for inter-departmental and inter-agency coordination for the following purposes, namely:
- (a) operational co-operation between the Government, law enforcement agencies, the Financial Intelligence Unit, India and the regulators or supervisors;
- (b) policy co-operation and co-ordination across all relevant or competent authorities;
- (c) such consultation among the concerned authorities, the financial sector and other sectors, as are appropriate, and are related to anti money-laundering or countering the financing of terrorism laws, regulations and guidelines;
- (d) development and implementing policies on anti money-laundering or countering the financing of terrorism; and
- (e) any other matter as the Central Government may, by notification, specify in this behalf.]
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