Prevention of Money Laundering Act, 2002

Section - 6 - Adjudicating authorities, composition, powers, etc.

Adjudicating authorities, composition, powers, etc.

6. (1) The Central Government shall, by notification, appoint [an Adjudicating Authority] to exercise jurisdiction, powers and authority conferred by or under this Act.

(2) An Adjudicating Authority shall consist of a Chairperson and two other Members:

Provided that one Member each shall be a person having experience in the field of law, administration, finance or accountancy.

(3) A person shall, however, not be qualified for appointment as Member of an Adjudicating Authority:-

(a)

in the field of law, unless he-

(i)	-	is qualified for appointment as District Judge; or
(ii)	-	has been a Member of the Indian Legal Service and has held a post in Grade I of that service;

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