Definition of Adjudicating Authority and related terms clarifies appointments and meaning alignment with the principal Act. The Rules define key terms: Act refers to the Prevention of Money-Laundering Act; Adjudicating Authority denotes the Authority appointed under the Act; ... Summary
Definition of Adjudicating Authority and related terms clarifies appointments and meaning alignment with the principal Act.
The Rules define key terms: Act refers to the Prevention of Money-Laundering Act; Adjudicating Authority denotes the Authority appointed under the Act; Chairperson means the head of that Authority; and Member includes members and the Chairperson. Any terms not defined in the Rules take the meanings assigned in the Act, aligning interpretation with the principal statute.
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