By: PTI
THE Indian parliament on Monday (1) passed a bill which seeks to ban funding of weapons of mass destruction (WMDs) and also empowers the country’s government to freeze, seize or attach financial assets and economic resources of people engaged in such activities.
The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022, piloted by external affairs minister Subrahmanyam Jaishankar, was passed by the Rajya Sabha or Upper House of the parliament with a voice vote even as opposition parties continued their protest over various issues, including the arrest of Shiv Sena MP Sanjay Raut in a money laundering case. The bill was approved by the Lok Sabha or Lower House in April.
Welcome the unanimous support for the passing of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022.https://t.co/uDx2HDMCkM
— Dr. S. Jaishankar (@DrSJaishankar) August 1, 2022
This law will address the financing of illegal activities pertaining to the WMD domain. It makes India and the entire world more secure and enables us to live up to our international commitments.
— Dr. S. Jaishankar (@DrSJaishankar) August 1, 2022
Replying to a debate on the bill, Jaishankar said all members who spoke on the proposed legislation recognised that terrorism is a serious threat and so are the WMDs.
He said the current law only covers trading and does not cover financing of the WMDs.
“This gap needs to be filled because recommendation…of the Financial Action Task Force requires all countries, including us, to ensure that assets financing for WMD-related activities is prohibited.
“So keeping in mind this lacunae of the current law we have brought this amendment. This is good for the security of the country. This is good for the reputation of the country,” Jaishankar said.
The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, passed in 2005, only banned manufacture of weapons of mass destruction.
The amendment bill seeks to insert a new Section 12A in the existing law which states that “no person shall finance any activity which is prohibited under this Act, or under the United Nations (Security Council) Act, 1947 or any other relevant Act for the time being in force, or by an order issued under any such Act, in relation to weapons of mass destruction and their delivery systems.”