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    Question

    Under the PMLA (Prevention of Money Laundering Act),

    2002, the "Adjudicating Authority" has the power to provisionally attach property for a period not exceeding: 
    A 90 days Correct Answer Incorrect Answer
    B 120 days Correct Answer Incorrect Answer
    C 180 days Correct Answer Incorrect Answer
    D 365 days Correct Answer Incorrect Answer
    E 60 days Correct Answer Incorrect Answer

    Solution

    Section 5 allows the Director/authorized officer to provisionally attach property suspected to be proceeds of crime for up to 180 days.

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