Lawgist.Download the App Now!
Get our Android app for fast and offline Access.
We heard you! Soon we are bringing you the biggest update yet with Updated & New acts, all Central and State acts, the Constitution of India, and a dedicated Mobile App! 🚀
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.]
Download our fully-offline, High speed android app.- Click here
1. Subs. by s.19, ibid., for section 24 (w.e.f. 15-2-2013).