The Director under Section 39(2) of the Prevention of Money Laundering Act, 2002 acts in his capacity as:
Under PMLA s.39(2) "the Central Government or the Director may authorise" representatives or officers "to act as presenting officers". In doing so the Director acts as the…
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The Director under Section 39(2) of the Prevention of Money Laundering Act, 2002 acts in his capacity as:
Answer and explanation
Correct answer C
Under PMLA s.39(2) "the Central Government or the Director may authorise" representatives or officers "to act as presenting officers". In doing so the Director acts as the authority that appoints them, not as investigator or adjudicator.