Section 24 of The Prevention of Money-Laundering Act, 2002 View Chapter 5

Burden of proof


   1[24.  Burden of proof.--In any proceeding relating to proceeds of crime under this Act,--

       (a)  in the case of a person charged with the offence of money-laundering under section 3, the Authority or Court shall, unless the contrary is proved, presume that such proceeds of crime are involved in money-laundering; and

       (b)  in the case of any other person the Authority or Court, may presume that such proceeds of crime are involved in money-laundering.]

1Subs. by s.19, ibid., for section 24 (w.e.f. 15-2-2013).