MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 15th April, 2015

G.S.R. 288(E). In exercise of the powers conferred by sub-section (1) read with clause (h), clause (i), clause (j) and clause (k) of sub-section (2) of section 73 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government in consultation with the Reserve Bank of India hereby makes the following amendments to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, namely:—

1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2015.

(2)         They shall come into force on the date of their publication in the Official Gazette.

2. In the Prevention of Money-laundering (Maintenance of Records) Rules, 2005,‑

(a)       in rule 2, in sub-rule (1),—

(I)         after clause (d), after the proviso the following proviso shall be inserted, namely:—

“Provided further that where simplified measures are applied for verifying the limited purpose of proof of address of the clients, where a prospective customer is unable to produce any proof of address, the following documents shall be deemed to be ‘officially valid document’:

(a)      utility bill which is not more than two months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas, Water bill);

(b) property or Municipal tax receipt;

(c) bank account or Post Office savings bank account statement;

(d) pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, if they contain the address;

(e) letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and licence agreements with such employers allotting official accommodation; and

(f) documents issued by Government departments of foreign jurisdiction and letter issued by Foreign Embassy or Mission in India.”.

[Notification No. 1/2015/F.No.P.12011/1/2013-S.0. (E.S. Cell)]

BIPLAB KUMAR NASKAR, Under Secy.

Note:—The principal rules were published in Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (i) vide number G.S.R. 444(E), dated the 1st July, 2005 and subsequently amended by number G.S.R. 717(E), dated the 13th December, 2005, number G.S.R. 389(E), dated the 24th May, 2007, number G.S.R.816(E), dated the 12th November, 2009, number G.S.R. 76 (E) dated the 12th February, 2010, number G.S.R. 508(E), dated the 16th June, 2010, number G.S.R. 980(E), dated the 16th December, 2010, number G.S.R. 481(E), dated the 24th June, 2011 and number G.S.R. 576(E), dated the 27th August, 2013.

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