The proviso substitutes which words in Section 4 of the Prevention of Money Laundering Act, 2002?
The proviso to section 4 directs that, for its purposes, the words "which may extend to seven years" in the main provision are to be read as substituted, rather than…
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The proviso substitutes which words in Section 4 of the Prevention of Money Laundering Act, 2002?
Answer and explanation
Correct answer C
The proviso to section 4 directs that, for its purposes, the words "which may extend to seven years" in the main provision are to be read as substituted, rather than altering the words on rigorous imprisonment, the three-year minimum, or the fine clause.