Section 40 of the Prevention of Money Laundering Act, 2002 forms part of which broader theme under PMLA?
PMLA s.40 appears in Chapter VI, "Appellate Tribunal", and addresses the status of Tribunal personnel, the Adjudicating Authority and the Director. Its location places it…
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Section 40 of the Prevention of Money Laundering Act, 2002 forms part of which broader theme under PMLA?
Answer and explanation
Correct answer B
PMLA s.40 appears in Chapter VI, "Appellate Tribunal", and addresses the status of Tribunal personnel, the Adjudicating Authority and the Director. Its location places it within the adjudication and appeals machinery rather than the attachment or investigation chapters.