The Prevention of Money-Laundering Act, 2002 · IX — RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY

Section 55. Definitions

In force · As amended up to 2026-08

CHAPTER IX RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY 55. Definitions.— 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; 1. Subs. by Act 2 of 2013, s. 23, for clause (d) (w.e.f. 15-2-2013). 2. Ins. by s. 23, ibid . (w.e.f. 15-2-2013). 3. Subs. by s. 23, ibid ., for "banking companies" (w.e.f. 15-2-2013). (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.

Source: India Code