Section 68E:
Identifying illegally acquired property.
1[68E. Identifying illegally acquired property.-- 2(1) Every officer empowered under section 53 and
every officer-in-charge of a police station shall, or receipt of information is satisfied that any person to
whom this Chapter applies holds any illegally acquired property, he may, after recording reasons for
doing so, proceed to take all steps necessary for tracing and identifying such property.
(2) The steps referred to in sub-section (1) may include any inquiry, investigation or survey in respect
of any person, place, property, assets, documents, books of account in any bank or public financial
institution or any other relevant matters.
(3) Any inquiry, investigation or survey referred to in sub-section (2) shall be carried out by an officer
mentioned in sub-section (1) in accordance with such directions or guidelines as the competent authority
may make or issue in this behalf.]]
Notes:
1. Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)
2. Subs. by Act 9 of 2001, s. 34, for sub- section (1) (w.e.f. 2-10-2001).