Rulemaking authority under FEMA enables detailed prescriptions governing foreign exchange transactions and related procedural mechanisms. The Central Government may make rules to implement the Act, including imposing restrictions on current account transactions, determining which instruments are debt instruments, defining permissible capital account transactions and their limits, and prescribing procedural and administrative matters such as compounding contraventions, inquiries by the Adjudicating Authority, appeals (form and fees), terms and conditions for the Special Director (Appeals) and staff, civil court powers for appellate bodies, aggregate value prescriptions, document authentication, and other prescribed matters.