Act Info:
THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999
[Act, No. 42 of 1999]
[26th December, 1999]
PREAMBLE
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.
BE it enacted by Parliament in the Fiftieth Year of the Republic of India as follows: -