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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:- 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 Ordinance; (b) Exchange of information for the prevention of any offence under this Ordinance 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 Ordinance or under the corresponding law in force in that country; (d) Transfer of property relating to any offence under this Ordinance 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) "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) "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.