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Home > PMLA > Section 3 - Offence of Money-Laundering
Section 3 - Offence of Money-Laundering

Section 3 of the Prevention of Money Laundering Act, 2002 defines offence of money laundering as under:

" 3. Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime and projecting it as untainted property shall be guilty of offence of money laundering."

PMLA >> Section 4 - Punishment for Money Laundering
Scheduled Offences >> Overview
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