Section 25 of the Prevention of Money Laundering Act, 2002 gives the Appellate Tribunal the power to:
Under PMLA s.25 the Appellate Tribunal exists "for hearing appeals against the orders of the Adjudicating Authority and the other authorities under this Act". Trial of the…
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Section 25 of the Prevention of Money Laundering Act, 2002 gives the Appellate Tribunal the power to:
Answer and explanation
Correct answer A
Under PMLA s.25 the Appellate Tribunal exists "for hearing appeals against the orders of the Adjudicating Authority and the other authorities under this Act". Trial of the s.4 offence is for the Special Court, and provisional attachment under s.5 is a power of the Director.