Section 26 The Prevention of Corruption Act,
Section 26 – The Prevention of Corruption Act, 1988 (as amended in 2018)
Title: Amendment of Ordinance 38 of 1944
✅ Text of Section 26:
“In the Criminal Law Amendment Ordinance, 1944,—
(a) in the long title, for the words ‘accused of any offence relating to any transaction in securities and’, the words ‘accused of any offence relatable to’ shall be substituted;
(b) in section 3, in sub-section (1), for the words ‘accused of any offence relating to any transaction in securities and’, the words ‘accused of any offence relatable to’ shall be substituted.”
🔎 Explanation:
Section 26 of the Prevention of Corruption (Amendment) Act, 2018 makes amendments to the Criminal Law Amendment Ordinance, 1944, which is used to attach properties of individuals accused of certain offences — including corruption.
⚖️ Purpose of This Section:
To expand the scope of the Criminal Law Amendment Ordinance, 1944, to:
Cover not only offences related to securities fraud (its original focus),
But also corruption-related offences, particularly under the Prevention of Corruption Act.
By substituting the phrase:
“offence relating to any transaction in securities”
with
“offence relatable to”
— the law can now be used to attach properties of public servants accused under any relatable corruption offence, not just securities fraud.
RELATED Blog
0 comments