Disposal of confiscated property under Section 10(3) of the Prevention of Money Laundering Act, 2002 is-
Under PMLA s.10(3), disposal of confiscated property is carried out as the Central Government may direct, so it is neither automatic, judicially supervised, nor left solely…
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Disposal of confiscated property under Section 10(3) of the Prevention of Money Laundering Act, 2002 is-
Answer and explanation
Correct answer A
Under PMLA s.10(3), disposal of confiscated property is carried out as the Central Government may direct, so it is neither automatic, judicially supervised, nor left solely to the Administrator's discretion.