The Prevention Of Corruption (Amendment) Act, 2018 – Key Highlights

1. INTRODUCTION

The Prevention of Corruption Act, 1988 (the "Act") was recently amended by the Prevention of Corruption (Amendment) Act, 2018 (the "Amendment Act"). Most of the amendments are aimed at tightening up the existing provisions in the Act and expanding the coverage of the offences.

2. HIGHLIGHTS OF THE AMENDMENT

We set out the key changes brought about by the Amendment Act below.

2.1. Key changes to the definitions

The Amendment Act includes the following definitions:

1. The term "Prescribed" has been introduced to mean rules that may be drafted by the Central Government under the Act. Given that, we anticipate the following rules:
   
   
   • Rules for organizations and companies to form internal guidelines and procedures to prevent its employees from affording undue advantage to public servants; and