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of <h1>Central Government Can Authorize Lower-Rank Officers as Authorities Under PMLA Section 53 If Directors Are Unavailable.</h1> The Prevention of Money-Laundering Act, 2002, under Section 53, allows the Central Government to authorize officers of at least Director rank from either the Central or State Government to function as authorities under the Act. However, if no officers of Director rank or higher are available in a specific area, the government may empower officers below this rank to fulfill these duties.
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