The Chairman's power under Section 36 of the Prevention of Money Laundering Act, 2002 can be exercised:
PMLA s.36 lets the Chairman make provisions for distributing business from time to time, meaning the power can be used as and when required, not only once, with Government…
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The Chairman's power under Section 36 of the Prevention of Money Laundering Act, 2002 can be exercised:
Answer and explanation
Correct answer C
PMLA s.36 lets the Chairman make provisions for distributing business from time to time, meaning the power can be used as and when required, not only once, with Government approval, or after consulting the High Court.