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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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