LawgistAll Acts
Foreign Exchange Management Act
An Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
| Act Id | 199942 |
| Act Number | 42 |
| Enactment Date | 1999-12-29 |
| Act Year | 1999 |
| Ministry | Ministry of Finance |
| Enforcement Date | 01-06-2000 |
- PRELIMINARY
- REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE
- AUTHORISED PERSON
- CONTRAVENTION AND PENALTIES
- ADJUDICATION AND APPEAL
- 16 Appointment of Adjudicating Authority
- 17 Appeal to Special Director (Appeals)
- 18 Appellate Tribunal
- 19 Appeal to Appellate Tribunal
- 20 Omitted
- 21 Qualifications, for appointment of Special Director (Appeals)
- 22 Omitted
- 23 Terms and Conditions of service Special Director (Appeals)
- 24 Omitted
- 25 Omitted
- 26 Member to act as Chairperson in certain circumstances
- 27 Staff of Special Director (Appeals)
- 28 Procedure and powers of Appellate Tribunal and Special Director (Appeals)
- 29 Omitted
- 30 Omitted
- 31 Omitted
- 32 Right of appellant to take assistance of legal practitioner or chartered accountant and of Government, to appoint presenting officers
- 33 Members, etc., to be public servants
- 34 Civil court not to have jurisdiction
- 35 Appeal to High Court
- DIRECTORATE OF ENFORCEMENT
- MISCELLANEOUS
- 39 Presumption as to documents in certain cases
- 40 Suspension of operation of this Ac
- 41 Power of Central Government to give directions
- 42 Contravention by companie
- 43 Death or insolvency in certain cases
- 44 Bar of legal proceedings
- 45 Removal of difficulties
- 46 Power to make rule
- 47 Power to make regulation
- 48 Rules and regulations to be laid before Parliament
- 49 Repeal and saving
