Under Section 22(1) of the Prevention of Money Laundering Act, 2002, if any records or property are…
Under PMLA s.22(1)(i), where records or property are found in a person's possession during a survey or search, it is presumed that such records or property belong to that…
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Under Section 22(1) of the Prevention of Money Laundering Act, 2002, if any records or property are found in the possession of a person during a survey or search, it is presumed that:
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Correct answer B
Under PMLA s.22(1)(i), where records or property are found in a person's possession during a survey or search, it is presumed that such records or property belong to that person, not to the government, and this presumption does not itself brand the property illegal or require immediate seizure.