Site navigation

Section 5 of the Prevention of Money-Laundering Act, 2002 deals with-

Section 5 empowers the Director or an authorised officer to provisionally attach property involved in money-laundering "for a period not exceeding one hundred and eighty…

Choose your answer

Section 5 of the Prevention of Money-Laundering Act, 2002 deals with-

Select one answer
Answer and explanation

Correct answer D

Section 5 empowers the Director or an authorised officer to provisionally attach property involved in money-laundering "for a period not exceeding one hundred and eighty days". Confiscation follows the trial under section 8(5), search and seizure are dealt with in section 17, and arrest in section 19.

Find practice for your exam

Related questions in this topic