Section 14 of the Prevention of Money Laundering Act, 2002 protection is-
PMLA s.14 grants immunity save as otherwise provided in section 13, so the protection is subject to the Director's penalty powers under s.13, not absolute, confined to…
Choose your answer
Section 14 of the Prevention of Money Laundering Act, 2002 protection is-
Answer and explanation
Correct answer B
PMLA s.14 grants immunity save as otherwise provided in section 13, so the protection is subject to the Director's penalty powers under s.13, not absolute, confined to written reporting to clients, or limited to banks.