Key Definitions
- Attachment: Prohibition of transfer, conversion, disposition or movement of property by an appropriate legal order.
- Proceeds of crime: Any property derived or obtained, directly or indirectly, by any person as a result of criminal activity relating to a scheduled offence.
- Money-laundering: Attempting to indulge or assist other person or actually involved in any activity connected with the proceeds of crime and projecting it as untainted property.
Read more about this topic: Prevention Of Money Laundering Act, 2002
Famous quotes containing the words key and/or definitions:
“Every revolution was first a thought in one man’s mind, and when the same thought occurs in another man, it is the key to that era.”
—Ralph Waldo Emerson (1803–1882)
“The loosening, for some people, of rigid role definitions for men and women has shown that dads can be great at calming babies—if they take the time and make the effort to learn how. It’s that time and effort that not only teaches the dad how to calm the babies, but also turns him into a parent, just as the time and effort the mother puts into the babies turns her into a parent.”
—Pamela Patrick Novotny (20th century)