The reference to "coming into force" in Section 1(3) of the Prevention of Money Laundering Act, 2002…
Under section 1(3), a reference in any provision to the commencement of the Act "shall be construed as a reference to the coming into force of that provision". Since…
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The reference to "coming into force" in Section 1(3) of the Prevention of Money Laundering Act, 2002 refers to:
Answer and explanation
Correct answer C
Under section 1(3), a reference in any provision to the commencement of the Act "shall be construed as a reference to the coming into force of that provision". Since provisions may start on different dates, the reference is not to the whole Act, the date of assent or the rules.