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:
“The key to the age may be this, or that, or the other, as the young orators describe; the key to all ages is—Imbecility: imbecility in the vast majority of men, at all times, and even in heroes, in all but certain eminent moments: victims of gravity, customs and fear. This gives force to the strong,—that the multitude have no habit of self-reliance or original action.”
—Ralph Waldo Emerson (1803–1882)
“Lord Byron is an exceedingly interesting person, and as such is it not to be regretted that he is a slave to the vilest and most vulgar prejudices, and as mad as the winds?
There have been many definitions of beauty in art. What is it? Beauty is what the untrained eyes consider abominable.”
—Edmond De Goncourt (1822–1896)