English title translated by Policy Nepal for navigation. The Nepali legal text is authoritative.
- Type
- Act
- Year
- २०८३ BS
- Status
- In force
- Category
- खण्ड ७ ख
- Official text
- Official text (PDF) Official page
Analysis drawn from official reports, court rulings and published research, each cited. Figures are being double-checked against the source documents; corrections are welcome.
What does it do?
- This short Act amends two sections of the Prevention of Money Laundering Act, 2064: Section 13, which says where anyone who learns of a money-laundering offence must report it, and Section 22, which governs filing cases once an investigation is complete.यो छोटो ऐनले सम्पत्ति शुद्धीकरण (मनी लाउन्डरिङ्ग) निवारण ऐन, २०६४ का दुई दफा संशोधन गरेको छ: सम्पत्ति शुद्धीकरणसम्बन्धी कसुरबारे थाहा पाउने व्यक्तिले कहाँ उजुरी वा सूचना दिनुपर्छ भन्ने दफा १३ र अनुसन्धान पूरा भएपछि मुद्दा दायर गर्नेसम्बन्धी दफा २२। Ministry of Law, Justice and Parliamentary Affairs (moljpa.gov.np), consolidated text · Nepal Law Commission, Government of Nepal Amendment Act Sections 2–3, PDF pp. 1–2; parent Act Section 13, PDF p. 51 and Section 22, PDF p. 64
- Under the new Section 13(1)(c), a money-laundering matter that is not connected with a related (predicate) offence is to be reported to the Department (the parent Act's investigating department). Under the amended Section 22(1), investigation reports from the Department go to a government attorney office that the Attorney General names by notice in the Nepal Gazette; reports from other bodies go to the relevant government attorney office as before.नयाँ दफा १३(१)(ग) अनुसार सम्बद्ध कसुरसँग सम्बन्धित नभएको सम्पत्ति शुद्धीकरणसम्बन्धी विषय भए विभागमा उजुरी वा सूचना दिनुपर्छ। संशोधित दफा २२(१) अनुसार विभागको हकमा अनुसन्धान प्रतिवेदन महान्यायाधिवक्ताले नेपाल राजपत्रमा सूचना प्रकाशन गरी तोकेको सरकारी वकिल कार्यालयमा र अन्यको हकमा सम्बन्धित सरकारी वकिल कार्यालयमा पठाइन्छ। Ministry of Law, Justice and Parliamentary Affairs (moljpa.gov.np), consolidated text Sections 2–3, PDF pp. 1–2
- The Act repeals the Prevention of Money Laundering (Third Amendment) Ordinance, 2083. Money-laundering cases already registered in the Special Court under that ordinance may continue to be heard and decided there, and other actions taken under the ordinance are treated as taken under this Act.यस ऐनले सम्पत्ति शुद्धीकरण (मनी लाउन्डरिङ्ग) निवारण (तेस्रो संशोधन) अध्यादेश, २०८३ खारेज गरेको छ। सो अध्यादेशबमोजिम विशेष अदालतमा दर्ता भइसकेका सम्पत्ति शुद्धीकरणसम्बन्धी मुद्दा सोही अदालतबाट कारबाही, सुनुवाइ र किनारा गर्न बाधा पर्दैन र अध्यादेशबमोजिम भएका अन्य काम यसै ऐनबमोजिम भएको मानिन्छ। Ministry of Law, Justice and Parliamentary Affairs (moljpa.gov.np), consolidated text Section 4(1)–(3), PDF pp. 2–3
Gaps, loopholes and improvement ideas
None documented in the official reports we have reviewed so far.
Where does it conflict with other laws?
No conflict with another law is documented in the sources we have reviewed so far.