Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 54 – The Prevention of Money-Laundering Bill, 1999

The Prevention of Money-Laundering Bill, 1999

 

54. Definitions –

 

In this Chapter, unless the context otherwise requires,-

 

(a) “Contracting State” means any country or place outside India in respect of which arrangements have been made by the Central Government with the Government of such country through a treaty or otherwise;

 

(b) “Identifying” includes establishment of a proof that the property was derived from, or used in the commission of an offence under section 3;

 

(c) “Tracing” means determining the nature, source, disposition, movement, title or ownership of property.

 

 

Previous | Next

 

The Prevention of Money-Laundering Bill, 1999

 

Indian Laws – Bare Acts

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation