Prevention of Money Laundering Act, 2002 - Objectives

Objectives

The main objectives of this act are to prevent money-laundering as well as to provide for confiscation of property either derived from or involved in, money-laundering.

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Famous quotes containing the word objectives:

    Along the journey we commonly forget its goal. Almost every vocation is chosen and entered upon as a means to a purpose but is ultimately continued as a final purpose in itself. Forgetting our objectives is the most frequent stupidity in which we indulge ourselves.
    Friedrich Nietzsche (1844–1900)