Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 17 of the Prevention of Money-Laundering Act empowers officers to search, seize, and freeze assets linked to laundering.</h1> Section 17 of the Prevention of Money-Laundering Act, 2002, allows the Director or an authorized officer to conduct searches and seizures if there is a written belief that an individual is involved in money laundering or possesses related proceeds, records, or property. Authorized officers can enter and search premises, seize relevant items, and freeze property if seizure is impractical. Post-search, the reasons and materials must be forwarded to the Adjudicating Authority. If evidence is at risk of being concealed, officers can search without prior authorization. Seized or frozen items require an application for retention or continued freezing within 30 days.