Under the Prevention of Money-laundering Act, 2002, the "Chairperson" of Appellate Tribunal can:
The Chairperson, defined in section 2(1)(g) as "the Chairperson of the Appellate Tribunal", heads the body that hears appeals against orders of the Adjudicating Authority.…
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Under the Prevention of Money-laundering Act, 2002, the "Chairperson" of Appellate Tribunal can:
Answer and explanation
Correct answer B
The Chairperson, defined in section 2(1)(g) as "the Chairperson of the Appellate Tribunal", heads the body that hears appeals against orders of the Adjudicating Authority. Provisional attachment and arrest are powers of the Director and authorised officers under sections 5 and 19, and confirmation of attachment belongs to the Adjudicating Authority under section 8(3).