Section 17
Search and seizure . — (1) Where 1 [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—
17. Search and seizure . — (1) Where 1 [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, 2 [or]