The main purpose of Section 18 of the Prevention of Money Laundering Act, 2002 is-
Section 18, headed "Search of persons", lets an authorised authority search a person believed to have secreted records or proceeds of crime "useful for or relevant to any…
Choose your answer
The main purpose of Section 18 of the Prevention of Money Laundering Act, 2002 is-
Answer and explanation
Correct answer B
Section 18, headed "Search of persons", lets an authorised authority search a person believed to have secreted records or proceeds of crime "useful for or relevant to any proceedings under this Act". Fines are under s.13, and sale of property follows confiscation, not search.