Bill prohibits financing of WMD activities, cites UN and FATF guidelines
This Bill amends the 2005 Act to explicitly prohibit the financing of activities related to weapons of mass destruction and their delivery systems. It aims to fulfill international obligations by preventing the transfer of such weapons to non-state actors or terrorists.
Any person (individuals, businesses, or entities) who finances, owns, controls, or holds funds or financial assets related to prohibited activities concerning weapons of mass destruction and their delivery systems.
- Prohibits any person from financing activities prohibited under the 2005 Act, the United Nations (Security Council) Act, 1947, or other relevant laws regarding weapons of mass destruction.
- Empowers the Central Government to freeze, seize, or attach funds, financial assets, or economic resources owned, controlled, or held by persons involved in such financing.
- Allows the Central Government to prohibit any person from making funds or financial services available for the benefit of persons related to prohibited activities.
- Grants the Central Government the power to exercise these measures through authorities assigned under section 7(1) of the existing Act.
Written from the document by AI, and checked against it. The original below is authoritative.
Where this law is now — Became law (Act)
The original document
Bill passed ls
2022-04-06
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Document details
| Official title | The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022 |
| Source body | Parliament of India — Bills (Lok Sabha & Rajya Sabha) |
| Reference number | 96 |
| Status | closed (bill) |
| Year | 2022 |
| Closing date | — |
| Documents | 3 |