Under the Prevention of Money-laundering Act, 2002, when the Chairperson of the Adjudicating Authority…
Section 6(14) provides that when the Chairperson is unable to discharge his functions owing to absence, illness, or any other cause, the senior-most Member shall discharge…
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Under the Prevention of Money-laundering Act, 2002, when the Chairperson of the Adjudicating Authority is unable to discharge functions due to absence or illness, the functions are discharged by-
Answer and explanation
Correct answer B
Section 6(14) provides that when the Chairperson is unable to discharge his functions owing to absence, illness, or any other cause, the senior-most Member shall discharge those functions until the Chairperson resumes duties, not a Central Government nominee, any available Member indiscriminately, or the Appellate Tribunal.