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Prevention of Organised Crime Act, 1998 (Act No. 121 of 1998)

Chapter 3 : Offences relating to Proceeds of Unlawful Activities

6. Acquisition, possession or use of proceeds of unlawful activities

 

Any person who—

(a) acquires;
(b) uses; or
(c) has possession of,

property and who knows or ought reasonably to have known that it is or forms part of the proceeds of unlawful activities of another person, shall be guilty of an offence.

 

[Section 6 amended by section 8 of Act No. 24 of 1999]