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Rule 3 - Compounding Authority - Foreign Exchange (Compounding Proceedings) Rules, 2024Extract Compounding Authority . - 3. The Director of Enforcement or any of the following officers authorised by the Central Government shall be the compounding authority for the purposes of these rules, namely :- (a) an officer of the Directorate of Enforcement not below the rank of Deputy Director or Deputy Legal Adviser; or (b) an officer of the Reserve Bank not below the rank of the Assistant General Manager.
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