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TypeBare Act JurisdictionCentral Government

Foreign Exchange Management Act, 1999

Complete Act - all sections

~2 min read
https://sooperkanoon.com/act/50731

Bare act · Research

About this act

Foreign Exchange Management Act, 1999 (1999) is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Find citing judgments Supreme Court, High Courts & tribunals

Act Text

Preamble1 - The Foreign Exchange Management Act, 1999
Chapter1 - Preliminary
Section1 - Short Title, Extent, Application and Commencement
Section2 - Definitions
Chapter2 - Regulation and Management of Foreign Exchange
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
Chapter3 - Authorised Person
Section10 - Authorised Person
Section11 - Reserve Bank's powers to issue directions to authorised person
Section12 - Power of Reserve Bank to Inspect Authorised Person
Chapter4 - Contravention and Penalties
Section13 - Penalties
Section14 - Enforcement of the Orders of Adjudicating Authority
Section15 - Power to Compound Contravention
Chapter5 - Adjudication and Appeal
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
Chapter6 - Directorate of Enforcement
Section36 - Directorate of Enforcement
Section37 - Power of Search, Seizure, Etc
Section38 - Empowering Other Officers
Chapter7 - Miscellaneous
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

Frequently asked questions

What is the Foreign Exchange Management Act, 1999?

The Foreign Exchange Management Act, 1999, enacted in 1999, is Central state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Foreign Exchange Management Act, 1999?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Foreign Exchange Management Act, 1999. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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