If the proceeds of crime involved in money laundering related to offence under Paragraph 2 of Part A of…
Under Section 4 of the Prevention of Money Laundering Act, 2002, where the proceeds of crime relate to a scheduled offence under Paragraph 2 of Part A (NDPS Act offences),…
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If the proceeds of crime involved in money laundering related to offence under Paragraph 2 of Part A of the Schedule (Offences under The Narcotic Drugs and Psychotropic Substances Act 1985), the maximum imprisonment under The Prevention of Money Laundering Act 2002, may extend to?
Answer and explanation
Correct answer D
Under Section 4 of the Prevention of Money Laundering Act, 2002, where the proceeds of crime relate to a scheduled offence under Paragraph 2 of Part A (NDPS Act offences), imprisonment for money laundering may extend to "Ten years".
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PU-CET PG LLM