Section 18 of the Prevention of Money Laundering Act, 2002 requires recording the statement of the…
Section 18(9) states that "the authority shall record the statement of the person searched" in respect of the records or proceeds of crime "found or seized in the course of…
Choose your answer
Section 18 of the Prevention of Money Laundering Act, 2002 requires recording the statement of the person searched-
Answer and explanation
Correct answer B
Section 18(9) states that "the authority shall record the statement of the person searched" in respect of the records or proceeds of crime "found or seized in the course of the search". It is a duty, not a matter of the person's request or a Magistrate's direction.