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ACT VII OF 2010 ACT VII OF 2010 ANTI-MONEY LAUNDERING ACT, 2010 An Act to provide for prevention of money laundering [Gazette of Pakistan, Extraordinary, Part I, 27th March 2009] No.F.9 (4)/2010-Legis., dated 27-3-2010.--The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on 26th March, 2010, is hereby published for general information: Whereas, it is expedient to provide for prevention of money laundering combating financing of terrorism and forfeiture of property derived from, or involved in, money laundering or financing of terrorism and for matters connected therewith or incidental thereto; It is hereby enacted as follows:-- 26. Agreements with foreign countries.--(1) The Federal Government may enter into an agreement on reciprocal basis with the Government of any country outside Pakistan for-- (a) Enforcing the provisions of this Act; (b) Exchange of information for the prevention of any offence under this Act or under the corresponding law in force in that country; (c) seeking or providing of assistance or evidence in respect of any offence under this Act or under the corresponding law in force in that country; and (d) Transfer of property relating to any offence under this Act or under the corresponding law in force in that country. (2) The agreement in terms of subsection (1) shall be subject to such conditions, exceptions or qualifications as may be specified in the said agreement: Provided that the agreement shall not be enforceable if it may, in any manner, be prejudicial to the sovereignty, security, national interest or public order. (3) In this section and the succeeding sections, unless the context otherwise requires,- (a) the expression "contracting State" means any country or place outside Pakistan in respect of which arrangements have been made by the Federal Government with the Government of such country through a treaty or otherwise; (b) the expression "identifying" includes establishment of a proof that the property was derived from, or used in, the commission of an offence under section 3; and (c) "Tracing" means determining the nature, source, disposition, movement, title or ownership of property.