Section 16 of the Prevention of Money Laundering Act, 2002 survey powers override-
Section 16(1) opens with "Notwithstanding anything contained in any other provisions of this Act". The non obstante clause is confined to the PMLA itself; it does not…
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Section 16 of the Prevention of Money Laundering Act, 2002 survey powers override-
Answer and explanation
Correct answer A
Section 16(1) opens with "Notwithstanding anything contained in any other provisions of this Act". The non obstante clause is confined to the PMLA itself; it does not purport to override other laws such as the CrPC or banking statutes.