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    <description>Records impounded under sub section (5) of section 50 of the Act may be retained in the custody of the impounding authority; provided that where the impounding authority is a Deputy Director or an Assistant Director he shall not retain any such records beyond a prescribed short retention period without obtaining the previous approval of the Director in writing.</description>
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      <description>Records impounded under sub section (5) of section 50 of the Act may be retained in the custody of the impounding authority; provided that where the impounding authority is a Deputy Director or an Assistant Director he shall not retain any such records beyond a prescribed short retention period without obtaining the previous approval of the Director in writing.</description>
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      <law>Money Laundering</law>
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