The proviso to Section 4 of the Prevention of Money Laundering Act, 2002 enhances-
The proviso to section 4 operates specifically to enhance the maximum punishment for offences involving proceeds linked to paragraph 2, Part A of the Schedule, leaving the…
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The proviso to Section 4 of the Prevention of Money Laundering Act, 2002 enhances-
Answer and explanation
Correct answer C
The proviso to section 4 operates specifically to enhance the maximum punishment for offences involving proceeds linked to paragraph 2, Part A of the Schedule, leaving the mandatory three-year minimum and the fine provision unchanged.