The presumption under Section 22(1) of the Prevention of Money Laundering Act, 2002 applies to records:
Under s.22(1) PMLA, the presumption as to records or property applies whether they are produced voluntarily by a person, found or seized in the course of a survey or search,…
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The presumption under Section 22(1) of the Prevention of Money Laundering Act, 2002 applies to records:
Answer and explanation
Correct answer D
Under s.22(1) PMLA, the presumption as to records or property applies whether they are produced voluntarily by a person, found or seized in the course of a survey or search, or frozen under the Act, so it extends to all three categories, not only one of them.