Question

    What is the composition of Adjudicating Authority under Prevention of money laundering act

    A 2 members including Chairperson Correct Answer Incorrect Answer
    B 3 members including Chairperson Correct Answer Incorrect Answer
    C 3 members excluding Chairperson Correct Answer Incorrect Answer
    D 4 members excluding Chairperson Correct Answer Incorrect Answer

    Solution

    Section 6 - Adjudicating Authorities, composition, powers, etc.—(1) The Central Government shall, by notification, appoint an Adjudicating Authority to exercise jurisdiction, powers and authority conferred by or under this Act. (2) An Adjudicating Authority shall consist of a Chairperson and two other Members.

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