Prevention of Money Laundering Act, 2002

Section - 17 - Search and seizure

Search and seizure.

17. (1) Where the Director [or any other officer not below the rank of Deputy Director authorised by him for the purposes of this section], on the basis of information in his possession, has reason to believe (the reason for such belief to be recorded in writing) that any person-

(i)	-	has committed any act which constitutes money-laundering, or
(ii)	-	is in possession of any proceeds of crime involved in money-laundering, or
(iii)	-	is in possession of any records relating to money-laundering, [or]
[(iv)	-	is in possession of any property related to crime,]