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    Question

    Offence of money laundering is considered a continuing

    offence under PMLA because of: 
    A Section 2(1)(u) Correct Answer Incorrect Answer
    B Section 3 (Explanation) Correct Answer Incorrect Answer
    C Section 8(4) Correct Answer Incorrect Answer
    D Section 24 Correct Answer Incorrect Answer
    E Section 65 Correct Answer Incorrect Answer

    Solution

    The Explanation to Section 3, inserted by amendment, clarifies that money-laundering is a continuing activity until the proceeds are enjoyed or concealed.

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