| Sections |
Foreign Exchange Management Act, 1999 |
| |
|
| |
Preamble |
| |
|
| |
CHAPTER I : PRELIMINARY |
| 1. |
Short title, extent, application and commencement |
| 2. |
Definitions |
| |
|
| |
CHAPTER II: 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 |
| |
|
| |
CHAPTER III : AUTHORISED PERSON |
| 10. |
Authorised person |
| 11. |
Reserve Bank's powers to issue directions to authorised person |
| 12. |
Power of Reserve Bank to inspect authorised person |
| |
|
| |
CHAPTER IV : CONTRAVENTION AND PENALTIES |
| 13. |
Penalties |
| 14. |
Enforcement of the orders of Adjudicating Authority |
| |
|
| |
CHAPTER V: ADJUDICATION AND APPEAL |
| 15. |
Appointment of Adjudicating Authority |
| 16. |
Power to compound contravention |
| 17. |
Appeal to Special Director (Appeals) |
| 18. |
Establishment
of Appellate Tribunal |
| 19. |
Appeal to Appellate Tribunal |
| 20. |
Composition of Appellate Tribunal |
| 21. |
Qualifications
for appointment of Chairperson, Member and Special
Director (Appeals) |
| 22. |
Term
of office |
| 23. |
Terms and conditions of service |
| 24. |
Vacancies |
| 25. |
Resignation and removal |
| 26. |
Member to act as Chairperson in certain circumstances |
| 27. |
Staff of Appellate Tribunal and Special Director (Appeals) |
| 28. |
Procedure and powers of Appellate Tribunal and Special Director (Appeals) |
| 29. |
Distribution of business amongst Benches |
| 30. |
Power
of Chairperson to transfer cases |
| 31. |
Decision
to be by majority |
| 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 |
| |
|
| |
CHAPTER VI: DIRECTORATE OF ENFORCEMENT |
| 36. |
Directorate of Enforcement |
| 37. |
Power of search, seizure, etc. |
| 38. |
Empowering other officers |
| |
|
| |
CHAPTER VII: MISCELLANEOUS |
| 39. |
Presumption as to documents in certain cases |
| 40. |
Suspension of operation of this Act |
| 41. |
Power of Central Government to give directions |
| 42. |
Contravention by companies |
| 43. |
Death or insolvency in certain cases |
| 44. |
Bar of legal Proceedings |
| 45. |
Removal of difficulties |
| 46. |
Power to make rules |
| 47. |
Power to make regulations |
| 48. |
Rules and regulations to be laid before Parliament |
| 49. |
Repeal and saving |
