Section 16 of the Prevention of Money Laundering Act, 2002 survey can be conducted in-
Under the Explanation to s.16(1), the place of the act also includes "any other place, whether any activity is carried on therein or not", where the person states his…
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Section 16 of the Prevention of Money Laundering Act, 2002 survey can be conducted in-
Answer and explanation
Correct answer B
Under the Explanation to s.16(1), the place of the act also includes "any other place, whether any activity is carried on therein or not", where the person states his records or property relating to the act are kept. The power is not divided between offices and homes.