Section 23 of the Prevention of Money Laundering Act, 2002 deals with:
PMLA s.23 raises a presumption where money-laundering involves "two or more inter-connected transactions". The presumption as to records or property found in a search is in…
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Section 23 of the Prevention of Money Laundering Act, 2002 deals with:
Answer and explanation
Correct answer C
PMLA s.23 raises a presumption where money-laundering involves "two or more inter-connected transactions". The presumption as to records or property found in a search is in s.22, retention of records in s.21 and arrest in s.19.