Foreign contribution compounding framework revised with updated offences, authorised officers, and prescribed compounding amounts. Amends the compounding framework under the Foreign Contribution (Regulation) Act by substituting the table of offences and authorised officers in the earlier notification. The revised entries cover excess administrative expenditure, speculative investment, use of foreign contribution for other purposes, and contraventions relating to acceptance or utilisation without registration or for an unregistered purpose or State or Union territory. The amendment also prescribes the compounding amount and continues the role of the Director or Deputy Secretary as the authorised compounding authority.
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Provisions expressly mentioned in the judgment/order text.
Foreign contribution compounding framework revised with updated offences, authorised officers, and prescribed compounding amounts.
Amends the compounding framework under the Foreign Contribution (Regulation) Act by substituting the table of offences and authorised officers in the earlier notification. The revised entries cover excess administrative expenditure, speculative investment, use of foreign contribution for other purposes, and contraventions relating to acceptance or utilisation without registration or for an unregistered purpose or State or Union territory. The amendment also prescribes the compounding amount and continues the role of the Director or Deputy Secretary as the authorised compounding authority.
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