Section 13: Amendment of section 12AA of PMLA, 2002

Q: What does Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA) deal with?

Section 13 TAOLAA pertains to "Amendment of section 12AA of PMLA, 2002". It is part of the The Aadhaar and Other Laws (Amendment) Act, 2019, a legislation enacted by the Parliament of India. Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA) governs amendment of section 12AA of PMLA, 2002.

Q: Is Section 13 TAOLAA still in force?

Yes, Section 13 of the The Aadhaar and Other Laws (Amendment) Act, 2019 is currently in force across the Republic of India.

Q: What is धारा 13 TAOLAA?

धारा 13 TAOLAA is the Devanagari Hindi reference for Section 13 of the The Aadhaar and Other Laws (Amendment) Act, 2019. Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA) governs amendment of section 12AA of PMLA, 2002.

Q: What is Dhara 13 TAOLAA?

Dhara 13 TAOLAA is the Roman Hindi reference for Section 13 of the The Aadhaar and Other Laws (Amendment) Act, 2019. "Dhara" means "Section" in Hindi. Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA) governs amendment of section 12AA of PMLA, 2002.

Q: How to cite Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019?

Cite as: "Section 13, The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA)" in legal briefs. For academic writing, use the BlueBook format: The Aadhaar and Other Laws (Amendment) Act, 2019, § 13 (India).

Law on Tips Editorial Board

In the Prevention of Money-laundering Act, 2002, after section 12A, the following section shall be inserted, namely:—

"12AA. (1) Every banking company, financial institution and intermediary shall verify the identity of its clients and the beneficial owner of such clients, by—

(a) authentication or offline verification under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016; or

(b) passport issued under section 4 of the Passports Act, 1967; or

(c) any other officially valid document or modes of identification as may be notified by the Central Government.

(2) The client shall have the choice of any mode specified under sub-section (1) for verification of identity.

(3) No client shall be denied services for not having an Aadhaar number."

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Section 13

Amendment of section 12AA of PMLA, 2002

What is Section 13 of The Aadhaar and Other Laws (Amendment) Act, 2019 (TAOLAA)?

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