The enhancement of punishment under Section 4 of the Prevention of Money Laundering Act, 2002 depends on-
Under the proviso to section 4, the maximum rises from seven to ten years only where the proceeds relate to "any offence specified under paragraph 2 of Part A of the…
Choose your answer
The enhancement of punishment under Section 4 of the Prevention of Money Laundering Act, 2002 depends on-
Answer and explanation
Correct answer C
Under the proviso to section 4, the maximum rises from seven to ten years only where the proceeds relate to "any offence specified under paragraph 2 of Part A of the Schedule", the NDPS offences. The amount involved, the accused's office and any previous conviction do not change the range.