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The Fugitive Economic Offenders Act, 2018

The Fugitive Economic Offenders Act, 2018

[Act No 17 of 2018]

[31st July, 2018.]

Contents

Sections

Particulars

Title

The Fugitive Economic Offenders Act, 2018 Act No 17 of 2018

Chapter l

Preliminary

1

Short title, extent and commencement

2

Definitions

3

Application of Act

Chapter ll

Declaration of Fugitive Economic offenders and Confiscation of Property

4

Application for declaration of fugitive economic offender and procedure therefor

5

Attachment of property

6

Powers of Director and other officers

7

Power of survey

8

Search and seizure

9

Search of persons

10

Notice

11

Procedure for hearing application

12

Declaration of fugitive economic offender

13

Supplementary application

14

Power to disallow civil claims

15

Management of properties confiscated under this Act

Chapter lll

Miscellaneous

16

Rules of evidence

17

Appeal

18

Bar of jurisdiction

19

Protection of action taken in good faith

20

Power of Central Government to amend Schedule

21

Overriding effect

22

Application of other laws not barred

23

Power to make rules

24

Laying of rules before Parliament

25

Power to remove difficulties

26

Repeal and saving

The Schedules

[See section 2(l) and (m)]


Table


The Fugitive Economic Offenders Act, 2018

(Act No. 17 of 2018 | Enacted on 31st July 2018)


Purpose:

To prevent economic offenders from evading Indian law by staying…

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