Section 16 of the Prevention of Money Laundering Act, 2002 allows the authority to-
PMLA s.16(3) allows the authority to place marks of identification on records, take extracts or copies, make an inventory of property, and record the statements of persons…
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Section 16 of the Prevention of Money Laundering Act, 2002 allows the authority to-
Answer and explanation
Correct answer D
PMLA s.16(3) allows the authority to place marks of identification on records, take extracts or copies, make an inventory of property, and record the statements of persons present, not merely observe records, freeze accounts, or issue fines directly.