Section 37 - Power of search, seizure, etc : Foreign Exchange
Management Act 1999
What is the Power of search, seizure, etc? Section 37 of FEMA
Section 37 of Foreign Exchange Management Act 1999 : "Power of
search, seizure, etc"
37. (1) The Director of Enforcement and other
officers of Enforcement, not below the rank of an
Assistant Director, shall take up for investigation
the contravention referred to in section 13.
(2) Without prejudice to the provisions of sub-section (1),
the Central Government may also, by notification, authorise any
officer or class of officers in the Central Government, State
Government or the Reserve Bank, not below the rank of an Under
Secretary to the Government of India to investigate any
contravention referred to in section 13.
(3) The officers referred to in sub-section (1) shall
exercise the like powers which are conferred on income-tax
authorities under the Income-tax Act, 1961 (43 of 1961) and
shall exercise such powers, subject to such limitations laid
down under that Act.