Under the Prevention of Money-laundering Act, 2002, the Administrator acts-
Under PMLA s.10(3), the Administrator disposes of vested property as the Central Government may direct, so he functions under governmental direction rather than…
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Under the Prevention of Money-laundering Act, 2002, the Administrator acts-
Answer and explanation
Correct answer B
Under PMLA s.10(3), the Administrator disposes of vested property as the Central Government may direct, so he functions under governmental direction rather than independently, under High Court supervision, or solely under the Adjudicating Authority.