Under section 21 of the Prevention of Money-laundering Act, 2002, before authorizing retention beyond…
Section 21(4) requires the Adjudicating Authority, before allowing retention beyond 180 days, to "satisfy himself that the records are required for the purposes of…
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Under section 21 of the Prevention of Money-laundering Act, 2002, before authorizing retention beyond 180 days, the Adjudicating Authority must satisfy itself that:
Answer and explanation
Correct answer A
Section 21(4) requires the Adjudicating Authority, before allowing retention beyond 180 days, to "satisfy himself that the records are required for the purposes of adjudication under section 8". Relevance to an appeal is instead the Director's ground for withholding release under s.21(6).