Information under Section 12(1)(b) of the Prevention of Money Laundering Act, 2002 must be furnished-
Under PMLA s.12(1)(b), information about transactions must be furnished within such time as may be prescribed by rules, not immediately, annually, or at the reporting…
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Information under Section 12(1)(b) of the Prevention of Money Laundering Act, 2002 must be furnished-
Answer and explanation
Correct answer B
Under PMLA s.12(1)(b), information about transactions must be furnished within such time as may be prescribed by rules, not immediately, annually, or at the reporting entity's discretion.