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Amendment of Act 42 of 1999.

Section 229 - Act - PART VI - AMENDMENT TO THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 - Finance Act - Section 229 - 229. In the Foreign Exchange Management Act, 1999, after section 14, the following section shall be inserted, namely:- Power to recover arrears of penalty. 14A. (1) Save as otherwise provided in this Act, the Adjudicating Authority may, by order in writing, authorise an officer of Enforcement not below the rank of Assistant Director to recover any arrears of penalty from any person .....

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