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CHAPTER IV OBLIGATIONS OF BANKING COMPANIES, FINANCIAL INSTITUTIONS AND INTERMEDIARIES

Section 14: No civil or criminal proceedings against reporting entity, its directors and employees in certain cases

The Prevention of Money-laundering Act, 2002

1[Save as otherwise provided in section 13, the reporting entity, its directors and employees shall not be liable to any civil or criminal proceedings against them for furnishing information under clause (b) of sub-section (1) of section 12.]

Footnotes in the official text

  1. 1.Subs. by s. 12, ibid., for section 14 (w.e.f. 15-2-2013).