Under Section 10(1) of the Prevention of Money Laundering Act, 2002, who appoints the Administrator for…
Under PMLA s.10(1), it is the Central Government that appoints the Administrator to manage confiscated property, not the Adjudicating Authority, Special Court or Enforcement…
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Under Section 10(1) of the Prevention of Money Laundering Act, 2002, who appoints the Administrator for managing confiscated property?
Answer and explanation
Correct answer C
Under PMLA s.10(1), it is the Central Government that appoints the Administrator to manage confiscated property, not the Adjudicating Authority, Special Court or Enforcement Directorate.