The inquiry under Section 13(1) of the Prevention of Money Laundering Act, 2002 relates to-
Section 13(1) inquiries are made "with regard to the obligations of the reporting entity, under this Chapter", that is Chapter IV. Clients' criminal liability and…
Choose your answer
The inquiry under Section 13(1) of the Prevention of Money Laundering Act, 2002 relates to-
Answer and explanation
Correct answer D
Section 13(1) inquiries are made "with regard to the obligations of the reporting entity, under this Chapter", that is Chapter IV. Clients' criminal liability and confiscation are dealt with under Chapters II and III.