Section 14 of the Prevention of Money Laundering Act, 2002 applies when reporting is-
PMLA s.14's protection applies where reporting is the mandatory obligation under s.12(1)(b), not where reporting is merely voluntary, confined to Aadhaar clients, or limited…
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Section 14 of the Prevention of Money Laundering Act, 2002 applies when reporting is-
Answer and explanation
Correct answer D
PMLA s.14's protection applies where reporting is the mandatory obligation under s.12(1)(b), not where reporting is merely voluntary, confined to Aadhaar clients, or limited to transactions above a specific rupee threshold.