Confiscation order referred to in Section 9 of the Prevention of Money Laundering Act, 2002 may be…
Section 9 applies where "an order of confiscation has been made" under the provisions it lists, which include section 8(5) and 8(7), section 58B and section 60(2A).…
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Confiscation order referred to in Section 9 of the Prevention of Money Laundering Act, 2002 may be passed under-
Answer and explanation
Correct answer C
Section 9 applies where "an order of confiscation has been made" under the provisions it lists, which include section 8(5) and 8(7), section 58B and section 60(2A). Provisional attachment under section 5, confirmation under section 8(3) and freezing under section 17(1A) are interim steps that do not vest the property.