Deputy or Assistant Directors Must Document Reasons for Impounding Records Under Money-Laundering Act, Seek Director's Approval for Return.

The impounding authority can impound records during proceedings under the Prevention of Money-Laundering Act. If the authority is a Deputy or Assistant Director, they must document their reasons and forward them to the Director. Assistance from police or government officers can be sought if needed. An inventory of impounded records must be prepared, signed by both the authority and the person from whom records are taken, with copies distributed accordingly. The authority, except the Director, may return records with prior written approval from the Director if they are no longer needed for proceedings.

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