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The Foreign Exchange Management Act, 1999 (Bare Act)/ Universal Law Publishing

Contributor(s): Universal Law PublishingMaterial type: Text

TextPublication details: New Deilhi: Universal Law Publishing, 2010Description: iv, 24 pSubject(s): Bare ActDDC classification: 343.54

Contents:

THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 CHAPTER I PRELIMINARY 1. Shortititle, extent, application and commencement 2. Definitions CHAPTERU REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE 3. Dealing in foreign exchange, etc. 4. Holding of foreign exchange, etc. 5. Current account transactions 6. Capital account transactions 7. Export of goods and services 8. Realisation and repatriation of foreign exchange 9. Exemption from realisation and repatriation in certain cases CHAPTERm AUTHORISED PERSON Authorised person Reserve Bank's powers td issue directions to authorised person Power of Reserve Bank to inspect authorised person. . CHAPTER IV CONTRAVENTION AND PENALTIES Penalties Enforcement of the orders of adjudicating authority Power to compound contravention CHAPTER V ^ , ADJUDICATION AND APPEAL Appointment of Adjudicating Authority Appeal to Special Director (Appeals) Establishment of Appellate Tribunal Term of office Terms and conditions of service Vacancies Resignation and removal Member to act as Chairperson in certain circumstances Staff of Appellate Tribunal and Special Director (Appeals) Procedure and Powers of Appellate Tribunal and Special Di rector (Appeals) Distribution of business amongst Benches Power of Chairperson to transfer cases Decision to be by majority Right of appellant to take assistance of legal practitioner or chartered accountant and of Government, to appoint presenting officers . Members, etc., to be public servants Civil court not to have jurisdiction Appeal to High Court . i / CHAPTER VI DIRECTORATE OF ENFORCEMENT 36. Directorate of Enforcement 37. Power of search, seizure, etc. 38. Empowering other officers CHAPTER VII MISCELLANEOUS Presumption as to docufnents in certain cases Suspension of operation of this Act Power of Central Government to give directions Contravention by companies Death or insolvency in certain cases Bar of legal proceedings Removal of difficulties Power to'make rules Power to make regulations Rules and reflations to be laid before Parliament 49. ^ Repeal and saving

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Bare Acts and Legal Education Series	Central Library, Sikkim University General Book Section	343.54 UNI/F (Browse shelf(Opens below))	Not for loan		P12636

Total holds: 0

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THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999
CHAPTER I
PRELIMINARY
1. Shortititle, extent, application and commencement
2. Definitions
CHAPTERU
REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE
3. Dealing in foreign exchange, etc.
4. Holding of foreign exchange, etc.
5. Current account transactions
6. Capital account transactions
7. Export of goods and services
8. Realisation and repatriation of foreign exchange
9. Exemption from realisation and repatriation in certain cases
CHAPTERm
AUTHORISED PERSON
Authorised person
Reserve Bank's powers td issue directions to authorised person
Power of Reserve Bank to inspect authorised person. .
CHAPTER IV
CONTRAVENTION AND PENALTIES
Penalties
Enforcement of the orders of adjudicating authority
Power to compound contravention
CHAPTER V ^
, ADJUDICATION AND APPEAL
Appointment of Adjudicating Authority
Appeal to Special Director (Appeals)
Establishment of Appellate Tribunal

Term of office Terms and conditions of service
Vacancies Resignation and removal Member to act as Chairperson in certain circumstances Staff of Appellate Tribunal and Special Director (Appeals) Procedure and Powers of Appellate Tribunal and Special Di
rector (Appeals)
Distribution of business amongst Benches Power of Chairperson to transfer cases Decision to be by majority Right of appellant to take assistance of legal practitioner or chartered accountant and of Government, to appoint presenting officers . Members, etc., to be public servants Civil court not to have jurisdiction Appeal to High Court . i
/ CHAPTER VI DIRECTORATE OF ENFORCEMENT 36. Directorate of Enforcement 37. Power of search, seizure, etc. 38. Empowering other officers
CHAPTER VII MISCELLANEOUS Presumption as to docufnents in certain cases Suspension of operation of this Act Power of Central Government to give directions Contravention by companies Death or insolvency in certain cases Bar of legal proceedings Removal of difficulties Power to'make rules Power to make regulations Rules and reflations to be laid before Parliament 49. ^ Repeal and saving

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