Act Number: 42

Act Name: The Foreign Exchange Management Act, 1999

Year: 1999

Enactment Date: 1999-12-29

Long Title: An Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 27: Staff of Special Director (Appeals).
    1 [27. Staff of Special Director (Appeal).--(1) The Central Government shall provide the office of the Special Director (Appeals) with such officers and employees as it may deem fit.
     (2) The officers and employees of the office of the Special Director (Appeals) shall discharge their functions under the general superintendence of the Special Director (Appeals).
     (3) The salaries and allowances and other terms and conditions of service of the officers and employees of the office of the Special Director (Appeals) shall be such as may be prescribed.]
Notes:
1. Subs. by s. 165, ibid., for section 27 (w.e.f. 26-5-2017).
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