Section 15 of the Prevention of Money Laundering Act, 2002 deals with-
Section 15 is headed "Procedure and manner of furnishing information by reporting entities" and lets the Central Government, in consultation with the RBI, prescribe that…
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Section 15 of the Prevention of Money Laundering Act, 2002 deals with-
Answer and explanation
Correct answer A
Section 15 is headed "Procedure and manner of furnishing information by reporting entities" and lets the Central Government, in consultation with the RBI, prescribe that procedure. Fines are under s.13 and immunity under s.14.