Subs. by Act 20 of 2015, s. 145, for “thirty lakh rupees” (w.e.f. 14-5-2015). — THE PREVENTION OF MONEY -LAUNDERING ACT, 2002

Subs. by Act 20 of 2015, s. 145, for “thirty lakh rupees” (w.e.f. 14-5-2015).

7. Subs. by Act 20 of 2015, s. 145, for “thirty lakh rupees” (w.e.f. 14-5-2015). (iii) the offences specified under Part C of the Schedule.] (z) " Special Court " means a Court of Session designated as Special Court under sub-section (1) of section 43; (za) " transfer " includes sale, purchase, mortgage, pledge, gift, loan or any other form of transfer of right, title, possession or lien; (zb) " value " means the fair market value of any property on the date of its acquisition by any person, or if such date cannot be determined, the date on which such property is possessed by such person. (2) Any reference, in this Act or the Schedule, to any enactment or any provision thereof shall, in relation to an area in which such enactment or such provision is not in force, be construed as a reference to the corresponding law or the relevant provisions of the corresponding law, if any, in force in that area. CHAPTER II OFFENCE OF MONEY -LAUNDERING

Section 7