Section 287: Prohibition of acquiring property obtained by committing offence

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1) No person shall acquire, hold, purchase or sell any property knowing or having a reasonable reason to believe that such property has been obtained by committing an offence.

2) A person who commits, or causes to be committed, the offence referred to in sub-section (1) shall be liable to a sentence of imprisonment for a term not exceeding five years or a fine not exceeding fifty thousand rupees or both the sentences.

3)  The property acquired, held, purchased or sold as set forth in sub-section (1) shall be returned to the owner of such property.

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Section 287: Prohibition of acquiring property obtained by committing offence

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