Under section 18 of the Prevention of Money-laundering Act, 2002, what happens if the Gazetted Officer…
Under PMLA s.18(5), if the Gazetted Officer or Magistrate finds no reasonable ground for the search, the person is forthwith discharged, rather than detained indefinitely,…
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Under section 18 of the Prevention of Money-laundering Act, 2002, what happens if the Gazetted Officer or Magistrate sees no reasonable ground for search?
Answer and explanation
Correct answer C
Under PMLA s.18(5), if the Gazetted Officer or Magistrate finds no reasonable ground for the search, the person is forthwith discharged, rather than detained indefinitely, searched anyway, or subjected to confiscation proceedings.