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(b) the manner of verifying the demographic information and biometric
information for issue of Aadhaar number under sub-section (3) of section 3;
(c) the conditions for accepting an Aadhaar number as proof of identity of the
Aadhaar number holder under sub-section (3) of section 4;
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(f) the procedure for authentication of the Aadhaar number under section 8;
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(i) the salary and allowances payable to, and other terms and conditions of service
of, the chief executive officer, officers and other employees of the Authority under
sub-section (2) of section 21;
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57. Nothing contained in this Act shall prevent the use of Aadhaar number for
establishing the identity of an individual for any purpose, whether by the State or anybody
corporate or person, pursuant to any law, for the time being in force, or any contract to this
effect:
Provided that the use of Aadhaar number under this section shall be subject to the
procedure and obligations under section 8 and Chapter VI.
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Act not to
prevent use of
Aadhaar
number for
other purposes
under law.
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EXTRACTS FROM THE PREVENTION OF MONEY-LAUNDERING ACT, 2002
(15 OF 2003)
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CHAPTER IV
OBLIGATIONS OF BANKING COMPANIES, FINANCIAL INSTITUTIONS AND INTERMEDIARIES
12. (1) Every reporting entity shall—
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(c) verify the identity of its clients in such manner and subject to such conditions, as may be prescribed;
Reporting
entity to
maintain
records.
(d) identify the beneficial owner, if any, of such of its clients, as may be prescribed;
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73. (1)*
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(j) the manner and the conditions in which identity of clients shall be verified by
the reporting entities under clause (c) of sub-section (1) of section 12;
(jj) the manner of identifying beneficial owner, if any, from the clients by the
reporting entities under clause (d) of sub-section (1) of section 12;
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Power to make
rules.