Act Info:
Preamble1 - THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999
Chapter 1 Section1 - Short title, extent, application and commencement
Section2 - Definitions
Chapter 2 Section3 - Dealing in foreign exchange, etc
Section4 - Holding of foreign exchange, etc
Section5 - Current account transactions
Section6 - Capital account transactions
Section7 - Export of goods and services
Section8 - Realisation and repatriation of foreign exchange
Section9 - Exemption from realisation and repatriation in certain cases
Chapter 3 Section10 - Authorised person
Section11 - Reserve Bank's powers to issue directions to authorised person
Section12 - Power of Reserve Bank to inspect authorised person
Chapter 4 Section13 - Penalties
Section14 - Enforcement of the orders of adjudicating authority
Section15 - Power to compound contravention
Chapter 5 Section16 - Appointment of Adjudicating Authority
Section17 - Appeal to Special Director (Appeals)
Section18 - Establishment of Appellate Tribunal
Section19 - Appeal to Appellate Tribunal
Section20 - Composition of Appellate Tribunal
Section21 - Qualifications for appointment of Chairperson, Member and Special Director (Appeals)
Section22 - Term of office
Section23 - Terms and conditions of service
Section24 - Vacancies
Section25 - Resignation and removal
Section26 - Member to act as Chairperson in certain circumstances
Section27 - Staff of Appellate Tribunal and Special Director (Appeals)
Section28 - Procedure and powers of Appellate Tribunal and Special Director (Appeals)
Section29 - Distribution of business amongst Benches
Section30 - Power of Chairperson to transfer cases
Section31 - Decision to be by majority
Section32 - Right of appellant to take assistance of legal practitioner or chartered accountant and of Government, to appoint presenting officers
Section33 - Members, etc., to be public servants
Section34 - Civil court not to have jurisdiction
Section35 - Appeal to High Court
Chapter 6 Section36 - Directorate of Enforcement
Section37 - Power of search, seizure, etc
Section38 - Empowering other officers
Chapter 7 Section39 - Presumption as to documents in certain cases
Section40 - Suspension of operation of this Act
Section41 - Power of Central Government to give directions
Section42 - Contravention by companies
Section43 - Death or insolvency in certain cases
Section44 - Bar of legal proceedings
Section45 - Removal of difficulties
Section46 - Power to make rules
Section47 - Power to make regulations
Section48 - Rules and regulations to be laid before Parliament
Section49 - Repeal and saving