Section 7 of the Prevention of Money Laundering Act, 2002 does NOT deal with-
Section 7 covers appointment, control, and salary or service conditions of staff, but removal of the Chairperson is separately governed by section 6(12), which requires a…
Choose your answer
Section 7 of the Prevention of Money Laundering Act, 2002 does NOT deal with-
Answer and explanation
Correct answer D
Section 7 covers appointment, control, and salary or service conditions of staff, but removal of the Chairperson is separately governed by section 6(12), which requires a Central Government order after a hearing, so removal of the Chairperson does not fall within section 7.