Section 14 of the Prevention of Money Laundering Act, 2002 does not override-
Because PMLA s.14 operates save as otherwise provided in section 13, it does not override the penalty provisions of s.13, even though it protects furnishing of information…
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Section 14 of the Prevention of Money Laundering Act, 2002 does not override-
Answer and explanation
Correct answer D
Because PMLA s.14 operates save as otherwise provided in section 13, it does not override the penalty provisions of s.13, even though it protects furnishing of information under s.12(1)(b) and the duty to file reports with the Director.