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Section 45 - Removal of difficulties : Foreign Exchange Management Act 1999

 

 

What is Removal of difficulties? Section 45 of FEMA Act 1999

Section 45 of Foreign Exchange Management Act 1999 : "Removal of difficulties"

45. (1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, do anything not inconsistent with the provisions of this Act for the purpose of removing the difficulty :

Provided that no such order shall be made under this section after the expiry of two years from the commencement of this Act.

(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.

 
 

FEMA ACT 1999

Section 41 - Power of Central Government to give directions

Section 42 - Contravention by companies

Section 43 - Death or insolvency in certain cases

Section 44 - Bar of legal proceedings

Section 45 - Removal of difficulties

 

 

Section 46 - Power to make rules

Section 47 - Power to make regulations

Section 48 - Rules and regulations to be laid before Parliament

Section 49 - Repeal and saving

 

 

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