Which of the following is not presumed under Section 22(1) of the Prevention of Money Laundering Act,…
PMLA s.22(1) presumes ownership of property, truth of record contents, and authenticity of handwriting, but it does not presume the guilt of the person concerned, which must…
Choose your answer
Which of the following is not presumed under Section 22(1) of the Prevention of Money Laundering Act, 2002?
Answer and explanation
Correct answer D
PMLA s.22(1) presumes ownership of property, truth of record contents, and authenticity of handwriting, but it does not presume the guilt of the person concerned, which must still be established.