Prevention of Money Laundering Act, 2002 : Offence of money-laundering. Indian Bare Acts :

Prevention of Money Laundering Act, 2002,2003

Act No : 15

Section : Offence of money-laundering.

3. Offence of money-laundering.-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 prope ty shall be guilty of offence of money-laundering.