Central Act

24

Section 24. Burden of proof.

The Prevention of Money-Laundering Act, 2002

In forceAll India (Central Act)

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.]