Section - 55 - Prevention of Money Laundering Act, 2002

Section - 55 - Definitions

CHAPTER IX

RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY

Definitions.

55. In this Chapter, unless the context otherwise requires,-

(a)	-	"contracting State" means any country or place outside India in respect of which arrangements have been made by the Central Government with the Government of such country through a treaty or otherwise;
(b)	-	"identifying" includes establishment of a proof that the property was derived from, or used in the commission of an offence under section 3;
(c)	-	"tracing" means determining the nature, source, disposition, movement, title or ownership of property.

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