Recovery of fine or penalty
Section 69 of the Prevention of Money-Laundering Act, 2002 deals with recovery of fine or penalty. Where any fine or penalty imposed on any person under section 13 or section 63 is not paid within six months from the day of imposition of fine or penalty, the Director or any other officer authorised by him in this behalf may proceed to recover the amount from the said person in the same manner as The Act came into force on 01 Jul 2005.
1[69. Recovery of fine or penalty.—Where any fine or penalty imposed on any person under section 13 or section 63 is not paid within six months from the day of imposition of fine or penalty, the Director or any other officer authorised by him in this behalf may proceed to recover the amount from the said person in the same manner as prescribed in Schedule II of the Income-tax Act, 1961 (43 of 1961) for the recovery of arrears and he or any officer authorised by him in this behalf shall have all the powers of the Tax Recovery Officer mentioned in the said Schedule for the said purpose.]
Section 69, 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.
Made under this section, and citing it
2 instruments name this provision in its title or its text without being made under it.
Questions about Section 69
What does Section 69 of the Prevention of Money-Laundering Act deal with?
Section 69 of the Prevention of Money-Laundering Act is headed "Recovery of fine or penalty". [69. Recovery of fine or penalty.—Where any fine or penalty imposed on any person under section 13 or section 63 is not paid within six months from the day of imposition of fine or penalty, the Director or any other officer authorised by him in this behalf may proceed to recover the amount from the
How do I find court cases under Section 69 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 69, section 69 Pmla, section 69 of the Prevention of Money-Laundering Act. 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 69 of the Prevention of Money-Laundering Act, and has it changed?
Its own text turns on section 13 (Powers of Director to impose fine), section 63 (Punishment for false information or failure to give information, etc), so none of them can safely be read on its own. 2 instruments name it without being made under it, most recently Notification appoint the Director, Financial Intelligence Unit (2005), then Notification appointing Director of Enforcement (2005).
When did Section 69 of the Prevention of Money-Laundering Act come into force?
Section 69 of the Prevention of Money-Laundering Act, cited as Pmla 69, 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
- 2. Definitions1773 words
- 8. Adjudication975 words
- 6. Adjudicating Authorities, composition, powers, etc781 words
- 73. Power to make rules704 words
- 17. Search and seizure570 words
- 5. Attachment of property involved in money-laundering570 words
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 15 Oct 2026. This page is not a substitute for legal advice.