Under section 20 of the Prevention of Money-laundering Act, 2002, after passing an order of retention,…
Section 20(2) requires the authorised officer, "immediately after he has passed an order for retention", to forward a copy of the order and the material "to the Adjudicating…
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Under section 20 of the Prevention of Money-laundering Act, 2002, after passing an order of retention, the officer must-
Answer and explanation
Correct answer C
Section 20(2) requires the authorised officer, "immediately after he has passed an order for retention", to forward a copy of the order and the material "to the Adjudicating Authority, in a sealed envelope". The property itself stays retained or frozen.