Under the Prevention of Money-laundering Act, 2002, after resignation, the Chairperson or Member of the…
The proviso to section 6(11) says a resigning Chairperson or Member continues in office, unless permitted to leave sooner, "until the expiry of three months from the date of…
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Under the Prevention of Money-laundering Act, 2002, after resignation, the Chairperson or Member of the Adjudicating Authority shall ordinarily continue in office for-
Answer and explanation
Correct answer C
The proviso to section 6(11) says a resigning Chairperson or Member continues in office, unless permitted to leave sooner, "until the expiry of three months from the date of receipt of such notice", or until a successor joins or his term ends, whichever is earliest. Thirty days, two months or twelve months is not the period.