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ORDINANCE XXVII OF 2009 ORDINANCE XXVII OF 2009 ANTI-MONEY LAUNDERING ORDINANCE, 2009 An Ordinance to provide for prevention of money Laundering [Gazette of Pakistan, Extraordinary, Part I, 26th November, 2009] No.2 (I) 12009-Pub., dated 26-11-2009.--The following Ordinance promulgated by the President is hereby published for general information: Whereas, it is expedient to provide for prevention of money laundering and forfeiture of property derived from, or involved in, money laundering and for matters connected therewith or incidental thereto; And, whereas the National Assembly is not in session and the President is satisfied that circumstances exist which render it necessary to take immediate action; Now, therefore, in exercise of the powers conferred by clause (1) of Article 89 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to make and promulgate the following Ordinance:- 16. Power to arrest.--(1) If the investigating officer or any other officer of the agency referred to in subsection (2) of section 24 authorized in this behalf by the Federal Government by general or special order, has, on the basis of material in his possession, reason to believe (the reason for such belief to be recorded in writing) that any person has been guilty of an offence punishable under this Ordinance, he may after obtaining warrant from the Court or the nearest Judicial Magistrate arrest such person and shall, as soon as may be, inform him of the grounds for such arrest. (2) The investigating officer or, any other officer, as the case may be, shall, immediately after arrest of such person under subsection (1) forward a copy of the order along with the copies or details of the material in his possession referred to in that subsection to the head of the concerned investigating agency in a sealed envelop in the manner, as may be prescribed and such agency shall keep such order and material for such period as may be prescribed. (3) Every person arrested under subsection (1) shall within twenty-four hours be taken to a judicial magistrate having jurisdiction: (4) Provided that the period of twenty-four hours shall exclude the time necessary for the journey from the place of arrest to the Magistrate's court.