The main objective of Section 15 of the Prevention of Money Laundering Act, 2002 is-
Section 15 prescribes one procedure and manner for maintaining and furnishing information under ss.11A, 12(1) and 12AA(1) "for the purpose of implementing the provisions of…
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The main objective of Section 15 of the Prevention of Money Laundering Act, 2002 is-
Answer and explanation
Correct answer D
Section 15 prescribes one procedure and manner for maintaining and furnishing information under ss.11A, 12(1) and 12AA(1) "for the purpose of implementing the provisions of this Act". Penalties are under s.13 and freezing under s.17(1A).