FEMA 1999

E633187

FEMA 1999 is an Indian law that regulates foreign exchange transactions and external trade to facilitate orderly development and maintenance of the country’s foreign exchange market.

All labels observed (1)

Label Occurrences
FEMA 1999 canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf Indian statute ⓘ
economic law ⓘ
foreign exchange law ⓘ
administeredBy Reserve Bank of India ⓘ
appliesTo foreign exchange transactions in India ⓘ
persons resident in India ⓘ
persons resident outside India dealing in Indian foreign exchange ⓘ
authorizes Reserve Bank of India to regulate foreign exchange ⓘ
cameIntoForce 1 June 2000 ⓘ
chapterCount 7 ⓘ
country India ⓘ
defines authorized person ⓘ
capital account transaction ⓘ
current account transaction ⓘ
person resident in India ⓘ
enactedBy Parliament of India ⓘ
enforcementAuthority Directorate of Enforcement ⓘ
fullName Foreign Exchange Management Act, 1999 ⓘ
jurisdiction Republic of India ⓘ
linked to: India
legalNature civil law statute ⓘ
objective facilitate external trade and payments ⓘ
promote macro‑economic stability through foreign exchange management ⓘ
providesFor adjudication of contraventions ⓘ
appeals to Appellate Tribunal ⓘ
appointment of authorized dealers in foreign exchange ⓘ
penalties for contravention of foreign exchange regulations ⓘ
purpose facilitate external trade and payments ⓘ
promote orderly development and maintenance of foreign exchange market in India ⓘ
regulate foreign exchange transactions ⓘ
region India ⓘ
regulates capital account transactions ⓘ
cross‑border payments ⓘ
current account transactions ⓘ
export of goods and services ⓘ
foreign exchange dealings ⓘ
foreign security investments ⓘ
import of goods and services ⓘ
replaced Foreign Exchange Regulation Act, 1973 ⓘ
replacedLawNature criminal law statute ⓘ
sectionCount 49 ⓘ
shortName FEMA ⓘ
status in force ⓘ
subjectMatter cross‑border capital flows ⓘ
external trade ⓘ
foreign exchange ⓘ
yearOfEnactment 1999 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.