Section 3 of SAFEMA, Smugglers Act : Section 3: Definitions

Explanation using Example

Imagine a scenario where an individual, Mr. X, is suspected of engaging in smuggling activities, which is prohibited under Indian law. The Central Government has authorized a specific officer as the "competent authority" under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 to investigate such matters.

During the investigation, it is discovered that Mr. X owns a luxury villa that was purchased after the commencement of the Act. The funds used to buy the villa are suspected to be derived from the smuggling activities. This villa...

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