MONEY LAUNDERING (PREVENTION AND PROHIBITION) ACT
Section 29: Repeals and other Consequential amendments.
(1) The Money Laundering (Prohibition) Act, No. 11, 2011 is repealed.
(2) All regulations, orders, reports, ongoing investigations, prosecutions and other proceedings, actions taken and things done under the repealed Act shall continue and have effect as if made, issued, carried on, taken or done under this Act.
(3) Any conduct or activity which was a criminal conduct or activity under the repealed Act shall constitute a criminal conduct or activity in respect of which the provisions of this Act shall apply.
Cite this section
Section 29, MONEY LAUNDERING (PREVENTION AND PROHIBITION) ACT (2022).
https://repo.podus.ai/laws/money-laundering-prevention-and-prohibition-act/section/29/