The PREVENTION OF MONEY-LAUNDERING ACT, 2002

SUMMONS, SEARCHES AND SEIZURES, ETC.

Section 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.]