Section 26 of the Prevention of Money Laundering Act, 2002 supplements which provision of PMLA?
PMLA s.26 gives the appeal mechanism to the Appellate Tribunal, which s.25 constitutes by adopting the tribunal under the Smugglers and Foreign Exchange Manipulators…
Choose your answer
Section 26 of the Prevention of Money Laundering Act, 2002 supplements which provision of PMLA?
Answer and explanation
Correct answer C
PMLA s.26 gives the appeal mechanism to the Appellate Tribunal, which s.25 constitutes by adopting the tribunal under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976, so s.26 supplements s.25.