PMLA 2002: Real estate agents shall be deemed to be a person carrying on designated business or profession
REGD. NO. D.L.-33004/99
The Gazette Of India
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
NEW DELHI, WEDNESDAY, NOVEMBER 15, 2017/KARTIKA 24, 1939
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION No. 8/2017
New Delhi, the 15th November, 2017
G .S.R. 1423 (E).—In exercise of the powers conferred by sub-clause (iii) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby notifies that ‘real estate agents’ as defined under clause (zm) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (No. 16 of 2016) shall be deemed to be a “person carrying on designated business or profession” under sub-clause (iii) of clause (sa) of sub-section 1 of section 2 of the Prevention of Money-laundering Act, 2002.
[F.No. P.12011/2/201 5-S.O.(ES Cell)]
BIPLAB KUMAR NASKAR, Under Secy.