Rule 10 - Period of retention of copy of the reasons and the material relating to 11[search, seizure or freezing] and search of persons by the Adjudicating Authority. - Prevention of Money-Laundering (Forms, Search And Seizure or Freezing And The Manner of Forwarding The Reasons And Material To The Adjudicating Authority, Impounding And Custody of Records And The Period of Retention) Rules, 2005

Period of retention of copy of the reasons and the material relating to 1 [search, seizure or freezing] and search of persons by the Adjudicating Authority. 10. (1) The Adjudicating Authority shall retain copy of the reasons and the material relating to search and seizure and search of persons for a period of ten years or if, before the expiry of the said period of ten years,- (i) any proceedings under section 8 of the Act have been commenced, until the disposal of such proceedings, or (ii) where an appeal has been preferred to the Appellate Tribunal under section 26 of the Act, until the disposal of such appeal by the Appellate Tribunal, or (iii) where an appeal has been filed in the High Court under section 42 of the Act, until the disposal of such appeal by the High Court; whichever is later. --------------------- Notes: 1. Substituted for Prevention of Money-laundering (Forms, Search and Seizure or Freezing and the Manner of Forwarding the Reasons and Material to the Adjudicating Authority, Impounding and Custody of Records and the Period of Retention) (Amendment) Rules, 2013, w.e.f. 19-8-2013. Before it was read as: search and seizure