The Foreign Exchange Regulation Act (FERA), 1973 (Repealed) — Bare Act, All Sections & Free PDF
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Sections (Showing 1 to 10 of 81)
Section 1 to Section 10 (10 Sections)
Short title, extent, application and commencement .-(1) This Act may be called The Foreign Exchange Regulation Act, 1973
Short title, extent, application and commencement .-(1) This Act may be called The Foreign Exchange Regulation Act, 1973. (2) It extends to the whole of India. (3) It applies also ...
Definitions .-In this Act, unless the context otherwise requires,
Definitions .-In this Act, unless the context otherwise requires,- (a) "Appellate Board" means the Foreign Exchange Regulation Appellate Board constituted by the Central Government...
Classes of officers of Enforcement .-There shall be the following classes of officers of Enforcement, namely:
Classes of officers of Enforcement .-There shall be the following classes of officers of Enforcement, namely:- (a) Directors of Enforcement; (b) Additional Directors of Enforcement...
Appointment and powers of officers of Enforcement .-(1) The Central Government may appoint such persons as it thinks fit to be officers of Enforcement
Appointment and powers of officers of Enforcement .-(1) The Central Government may appoint such persons as it thinks fit to be officers of Enforcement. (2) Without prejudice to the...
Entrustment of functions of director or other officer of Enforcement .-The Central Government may, by order and subject to such conditions and limitations as it thinks fit to impose, authorise any officer of customs or any Central Excise Officer or any police officer or any other officer of the Central Government or a State Government to exercise such of the powers and discharge such of the duties of the Director of Enforcement or any other officer of Enforcement under this Act as may be specified in the order
Entrustment of functions of director or other officer of Enforcement .-The Central Government may, by order and subject to such conditions and limitations as it thinks fit to impos...
Authorised dealers in foreign exchange .-(1) The Reserve Bank may, on an application made to it in this behalf, authorise any person to deal in foreign exchange
Authorised dealers in foreign exchange .-(1) The Reserve Bank may, on an application made to it in this behalf, authorise any person to deal in foreign exchange. (2) An authorisati...
Money-changers .-(1) The Reserve Bank may, on an application made to it in this behalf, authorise any person to deal in foreign currency
Money-changers .-(1) The Reserve Bank may, on an application made to it in this behalf, authorise any person to deal in foreign currency. (2) An authorisation under this section sh...
Restrictions on dealing in foreign exchange .-(1) Except with the previous general or special permission of the Reserve Bank, no person other than an authorised dealer shall in India, and no person resident in India other than an authorised dealer shall outside India, purchase or otherwise acquire or borrow from, or sell, or otherwise transfer or lend to or exchange with, any person not being an authorised dealer, any foreign exchange:
Restrictions on dealing in foreign exchange .-(1) Except with the previous general or special permission of the Reserve Bank, no person other than an authorised dealer shall in Ind...
Restrictions on payment .-(1) Save as may be provided in, and in accordance with, any general or special exemption from the provisions of this sub-section which may be granted conditionally or unconditionally by the Reserve Bank, no person in, or resident in, India shall
Restrictions on payment .-(1) Save as may be provided in, and in accordance with, any general or special exemption from the provisions of this sub-section which may be granted cond...
Blocked accounts .-(1) Where an exemption from the provisions of section 9 is granted by the Reserve Bank in respect of payment of any sum to any person resident outside India and the exemption is made subject to the condition that the payment is made to a blocked account
Blocked accounts .-(1) Where an exemption from the provisions of section 9 is granted by the Reserve Bank in respect of payment of any sum to any person resident outside India and ...
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