24. Burden of proof
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.
Amendment notes (1)
- Subs w.e.f. 15-2-2013 . Subs. by s.19, ibid., for section 24 (w.e.f. 15-2-2013).