(1) The foreign contribution and assets created out of the foreign contribution in the custody of every person whose certificate has been cancelled under section 14 shall vest in such authority as may be prescribed.
(2) The authority referred to in sub-section (1) may, if it
considers necessary and in public interest, manage the
activities of the person referred to in that sub-section for
such period and in such manner, as the Central Government may
direct and such authority may utilise the foreign contribution
or dispose of the assets created out of it in case adequate
funds are not available for running such activity.
(3) The authority referred to in sub-section (1) shall return the foreign contribution and the assets vested upon it under that sub-section to the person referred to in the said sub-section if such person is subsequently registered under this Act.
Foreign Contribution Regulation Act 2010
Section 3 Prohibition to accept foreign contribution
Section 4 Persons to whom section 3 shall not apply
Section 5 Procedure to notify an organisation of a political nature
Section 6 Restriction on acceptance of foreign hospitality
Section 7 Prohibition to transfer foreign contribution to other person
Section 8 Restriction to utilise foreign contribution for administrative purpose
Section 10 Power to prohibit payment of currency received in contravention of the Act
Section 11 Registration of certain persons with Central Government
Section 12 Grant of certificate of registration
Section 13 Suspension of certificate
Section 14 Cancellation of certificate
Section 15 Management of foreign contribution of person whose certificate has been cancelled