section 23
Presumption in inter-connected transactions.
The Prevention of Money-Laundering Act, 2002Criminal200281 sections10 chapters
Chapter V SUMMONS, SEARCHES AND SEIZURES, ETC
Statutory text
Where money-laundering involves two or more inter-connected transactions and one or more such transactions is or are proved to be involved in money-laundering, then for the purposes of adjudication or confiscation 1[under section 8 or for the trial of the money-laundering offence, it shall unless otherwise proved to the satisfaction of the Adjudicating Authority or the Special Court], be presumed that the remaining transactions from part of such interconnected transactions.
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