Property vests in the Central Government under Section 9 of the Prevention of Money Laundering Act,…
Under PMLA s.9, property vests in the Central Government once an order of confiscation is made, not merely on provisional attachment, filing of a complaint, or a charge sheet.
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Property vests in the Central Government under Section 9 of the Prevention of Money Laundering Act, 2002 when-
Answer and explanation
Correct answer C
Under PMLA s.9, property vests in the Central Government once an order of confiscation is made, not merely on provisional attachment, filing of a complaint, or a charge sheet.