https://www.taxtmi.com/acts?id=23030 An authorised officer may retain seized property or continue freezing frozen property when, on recorded material, he reasonably believes it is required for adjudication; the officer must forward the retention order and material to the Adjudicating Authority, which preserves them. On expiry of the retention period property must be returned unless the Adjudicating Authority, after being satisfied that the property is prima facie involved in money laundering and required for adjudication, authorises further retention. Release and withholding rules apply where confiscation or release orders are made, with limited withholding for appeal relevance. en-us Wed, 16 Nov 2016 11:06:25 +0530 Wed, 16 Nov 2016 14:27:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23030 An authorised officer may retain seized property or continue freezing frozen property when, on recorded material, he reasonably believes it is required for adjudication; the officer must forward the retention order and material to the Adjudicating Authority, which preserves them. On expiry of the retention period property must be returned unless the Adjudicating Authority, after being satisfied that the property is prima facie involved in money laundering and required for adjudication, authorises further retention. Release and withholding rules apply where confiscation or release orders are made, with limited withholding for appeal relevance. Act-Rules Money Laundering Wed, 16 Nov 2016 11:06:25 +0530 https://www.taxtmi.com/acts?id=23030