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:
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—Jane Grey Swisshelm (1815–1884)
“What I do not like about our definitions of genius is that there is in them nothing of the day of judgment, nothing of resounding through eternity and nothing of the footsteps of the Almighty.”
—G.C. (Georg Christoph)