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<h1>Compounding under FEMA provides procedural guidance; consult the central bank's Directions on compounding available online.</h1> The Directions titled Compounding of Contraventions under FEMA, 1999 set out the operative procedural framework for seeking compounding of foreign exchange contraventions; supplementary materials such as manuals, ready reckoners, law and practice notes, reference guides and quick commentaries are available to assist with implementation.