Question

    The Adjudicating Authority under the Prevention of Money-Laundering Act, 2002 shall consist of a ______________________

    A Chairperson and two other Members Correct Answer Incorrect Answer
    B Chairman and a Technical and an Administrative Member Correct Answer Incorrect Answer
    C Chairperson and other Members as the Chairman may decide Correct Answer Incorrect Answer
    D Central Government has the power to decide the composition of the Adjudicating Authority Correct Answer Incorrect Answer

    Solution

    Section 6 Adjudicating Authorities, composition, powers, etc.— (2) An Adjudicating Authority shall consist of a Chairperson and two other Members: Provided that one Member each shall be a person having experience in the field of law, administration, finance or accountancy

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