The Prevention of Money-Laundering Act, 2002
56. Agreements with
foreign countries.-
1. The
Central Government may enter into an agreement with the Government of any
country outside India for-
a. enforcing the
provisions of this Act;
b. exchange of
information for the prevention of any offence under this Act or under the
corresponding law in force in that country or investigation of cases relating
to any offence under this Act, and may, by notification in the Official
Gazette, make such provisions as may be necessary for implementing the
agreement.
1.
2. The
Central Government may, by notification in the Official Gazette, direct that
the application of this Chapter in relation to a contracting State with which
reciprocal arrangements have been made, shall be subject to such conditions,
exceptions or qualifications as are specified in the said notification.