The 24-hour period under Section 18(3) of the Prevention of Money Laundering Act, 2002 excludes-
Under PMLA s.18(3)/(4), the twenty-four hour period excludes the time necessary for the journey from the place of search to the Gazetted Officer or Magistrate, not time for…
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The 24-hour period under Section 18(3) of the Prevention of Money Laundering Act, 2002 excludes-
Answer and explanation
Correct answer B
Under PMLA s.18(3)/(4), the twenty-four hour period excludes the time necessary for the journey from the place of search to the Gazetted Officer or Magistrate, not time for preparing lists, detention generally, or recording statements.