Section 17 of the Prevention of Money Laundering Act, 2002 search and seizure powers are-
Section 17 gives the Director and authorised officers search, seizure, freezing and examination powers for "the purposes of any investigation under this Act". They reach any…
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Section 17 of the Prevention of Money Laundering Act, 2002 search and seizure powers are-
Answer and explanation
Correct answer B
Section 17 gives the Director and authorised officers search, seizure, freezing and examination powers for "the purposes of any investigation under this Act". They reach any person, building, vessel, vehicle or aircraft, not banks alone.