Section 4 of the Prevention of Money Laundering Act, 2002 is classified as-
Section 4 lays down the actual sentence for the money-laundering offence, making it a substantive penal provision rather than a procedural, investigative, or merely…
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Section 4 of the Prevention of Money Laundering Act, 2002 is classified as-
Answer and explanation
Correct answer C
Section 4 lays down the actual sentence for the money-laundering offence, making it a substantive penal provision rather than a procedural, investigative, or merely administrative one, which are functions performed by other parts of the Act.