Amendment status not verified — confirm the current text below against the official source.
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.]
Amended up to 2019-03-25View on India Code →