Section 20 of the Prevention of Money Laundering Act, 2002 is connected primarily with-
Section 20 governs retention of property "seized under section 17 or section 18 or frozen under sub-section (1A) of section 17" for "adjudication under section 8". Arrest…
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Section 20 of the Prevention of Money Laundering Act, 2002 is connected primarily with-
Answer and explanation
Correct answer A
Section 20 governs retention of property "seized under section 17 or section 18 or frozen under sub-section (1A) of section 17" for "adjudication under section 8". Arrest under s.19, reporting procedure under s.15 and fines under s.13 are separate.