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Section10
The Prevention of Money-Laundering Act, 2002

Management of properties confiscated under this Chapter

In force From 01 Jul 2005 Act 15 of 2003 As on 17 Oct 2026

Act 15 of 2003 Ministry Finance Enacted 17 Jan 2003 In force 01 Jul 2005 Cited by 2 provisions Instruments 1

Section 10 of the Prevention of Money-Laundering Act, 2002 deals with management of properties confiscated under this Chapter. The Central Government may, by order published in the Official Gazette, appoint as many of its officers (not below the rank of a Joint Secretary to the Government of India) as it thinks fit to perform the functions of an Administrator. The Act came into force on 01 Jul 2005.

(1) The Central Government may, by order published in the Official Gazette, appoint as many of its officers (not below the rank of a Joint Secretary to the Government of India) as it thinks fit to perform the functions of an Administrator.

(2) The Administrator appointed under sub-section (1) shall receive and manage the property in relation to which an order has been made under 1[sub-section (5) or sub-section (6) or sub-section (7) of section 8 or section 58B or sub-section (2A) of section 60] in such manner and subject to such conditions as may be prescribed.

(3) The Administrator shall also take such measures, as the Central Government may direct, to dispose of the property which is vested in the Central Government under section 9.

Section 10, The Prevention of Money-Laundering Act, 2002 (Act 15 of 2003).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 8 Adjudication
  2. s. 9 Vesting of property in Central Government
  3. s. 58B Letter of request of a contracting State or authority for confiscation or release the property
  4. s. 60 Attachment, seizure and confiscation, etc., of property in a contracting State or India

Referred to by 2

  1. s. 60 Attachment, seizure and confiscation, etc., of property in a contracting State or India
  2. s. 73 Power to make rules

Made under this section, and citing it

1 instrument names this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 10

What does Section 10 of the Prevention of Money-Laundering Act deal with?

Section 10 of the Prevention of Money-Laundering Act is headed "Management of properties confiscated under this Chapter". The Central Government may, by order published in the Official Gazette, appoint as many of its officers (not below the rank of a Joint Secretary to the Government of India) as it thinks fit to perform the functions of an Administrator.

How do I find court cases under Section 10 of the Prevention of Money-Laundering Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Pmla 10, section 10 Pmla, section 10 of the Prevention of Money-Laundering Act. People searching for it also type pmla rule 10. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 10 of the Prevention of Money-Laundering Act, and has it changed?

Its own text turns on section 8 (Adjudication), section 9 (Vesting of property in Central Government), section 58B (Letter of request of a contracting State or authority for confiscation or release the property), section 60 (Attachment, seizure and confiscation, etc., of property in a contracting State or India), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it. One instrument names it without being made under it, most recently The Prevention of Money-laundering(Receipt and Management of Confiscated Properties) Rules, 2005 (2005).

When did Section 10 of the Prevention of Money-Laundering Act come into force?

Section 10 of the Prevention of Money-Laundering Act, cited as Pmla 10, came into force on 01 Jul 2005, having been enacted on 17 Jan 2003. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.