Under Section 16 of the Prevention of Money Laundering Act, 2002, the authority can enter-
Section 16(1) lets the authority enter a place "within the limits of the area assigned to him", or one for which he is authorised by the authority assigned that area. The…
Choose your answer
Under Section 16 of the Prevention of Money Laundering Act, 2002, the authority can enter-
Answer and explanation
Correct answer B
Section 16(1) lets the authority enter a place "within the limits of the area assigned to him", or one for which he is authorised by the authority assigned that area. The survey is not confined to banks or homes, but it is limited by area.