Section 4 of the Prevention of Money Laundering Act, 2002 prescribes punishment for-
Section 4 is the provision that fixes the sentence for the offence of money-laundering defined in section 3, so it punishes that specific offence rather than the predicate…
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Section 4 of the Prevention of Money Laundering Act, 2002 prescribes punishment for-
Answer and explanation
Correct answer C
Section 4 is the provision that fixes the sentence for the offence of money-laundering defined in section 3, so it punishes that specific offence rather than the predicate scheduled offence itself or economic offences generally.