Site navigation

Section 15 of the Prevention of Money Laundering Act, 2002 empowers the Central Government to prescribe…

Section 15 empowers the Central Government to prescribe "the procedure and the manner of maintaining and furnishing information by a reporting entity". Attachment is…

Choose your answer

Section 15 of the Prevention of Money Laundering Act, 2002 empowers the Central Government to prescribe procedure for-

Select one answer
Answer and explanation

Correct answer A

Section 15 empowers the Central Government to prescribe "the procedure and the manner of maintaining and furnishing information by a reporting entity". Attachment is governed by s.5 and penalties by s.13.

Find practice for your exam

Related questions in this topic