Section 107

An authorised officer may seize, take possession of and retain for such duration as he deems necessary, any property, record, report or document produced before him in the course of an examination under section 101(1)(a) or (b), or search of the person under section 103(1), for ascertaining whether anything relevant to the investigation is concealed, or is otherwise, upon such person.

Any property, record, report or document seized by the authorised officer under subsection (1) shall be listed by such officer conducting the seizure and shall be signed by him and by the owner of such property or by the person from whom the property was seized as soon as possible and thereafter shall furnish a copy of the same to the said person.

Release of property, record, report or document seized.