Under Section 22(2) of the Prevention of Money Laundering Act, 2002, records received from outside…
PMLA s.22(2) applies to records received from outside India "duly authenticated by such authority or person and in such manner as may be prescribed". The authority and…
Choose your answer
Under Section 22(2) of the Prevention of Money Laundering Act, 2002, records received from outside India must be:
Answer and explanation
Correct answer B
PMLA s.22(2) applies to records received from outside India "duly authenticated by such authority or person and in such manner as may be prescribed". The authority and manner are those fixed by rules, so mere verification by the Central Government or production in original is not the test.