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Prohibition of acquisition and possession of assets derived from narcotic offences

No one shall knowingly:-- (a) Possess, acquire, use, convert, assign or transfer any assets which have been derived, generated or obtained, directly or indirectly, either in his own name or in the name of narcotic substances which constitutes an offence punishable under this Act, the Customs Act, 1969 (IV of 1969), the Prohibition (Enforcemen...


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