The term "person interested" under the Explanation to Section 5(4) of the Prevention of Money…
The Explanation to section 5(4) says "person interested", for immovable property, "includes all persons claiming or entitled to claim any interest in the property". Owners,…
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The term "person interested" under the Explanation to Section 5(4) of the Prevention of Money Laundering Act, 2002 includes-
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Correct answer C
The Explanation to section 5(4) says "person interested", for immovable property, "includes all persons claiming or entitled to claim any interest in the property". Owners, tenants, mortgagees and family members with an interest are therefore all covered.