Under the Prevention of Money-laundering Act, 2002, "corresponding law" means:
Section 2(1)(ia) defines "corresponding law" as "any law of any foreign country" corresponding to provisions of this Act or dealing with offences in that country…
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Under the Prevention of Money-laundering Act, 2002, "corresponding law" means:
Answer and explanation
Correct answer D
Section 2(1)(ia) defines "corresponding law" as "any law of any foreign country" corresponding to provisions of this Act or dealing with offences in that country corresponding to scheduled offences. Indian and State laws do not fall within it, and neither do international conventions as such.