Powers under Section 18 of the Prevention of Money Laundering Act, 2002 can be exercised when the…
Section 18(1) requires the authority to have "reason to believe (the reason for such belief to be recorded in writing)" that the person "has secreted about his person or in…
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Powers under Section 18 of the Prevention of Money Laundering Act, 2002 can be exercised when the officer has-
Answer and explanation
Correct answer B
Section 18(1) requires the authority to have "reason to believe (the reason for such belief to be recorded in writing)" that the person "has secreted about his person or in anything under his possession" a record or proceeds of crime useful for proceedings under the Act. Suspicion, consent or oral tips are not enough.