Bare ActsThe PREVENTION OF MONEY-LAUNDERING ACT, 2002

Section 3

Offence of money-laundering

Amendment status not verified — confirm the current text below against the official source.

Offence of money-laundering.-- Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime and projecting it as untainted property shall be guilty of offence of money- laundering.

Section 3 – The PREVENTION OF MONEY-LAUNDERING ACT, 2002 | DailyLaw.ai