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Section 1 - Acts - FEMA - Section 1 - 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 exchan .....

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hall also apply to all branches, offices and agencies outside India owned or controlled by a person resident in India and also to any contravention there under committed outside India by any person to whom this Act applies. (4) It shall come into for .....

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