1. Title And Commencement
This Act shall be cited as “The Anti-Money Laundering and Counter Terrorist Financing Act, 2012” and shall come into force on the date of its signature by the President.
2. Repeal And Saving
Any existing legislation governing the subject of this Act is hereby repealed; provided that any orders issued or regulations made thereunder, except to the extent they are cancelled by or are otherwise inconsistent with provisions of this Act shall continue in force and effect until repealed or amended by this Act.