https://www.taxtmi.com/acts?id=2042 The previous foreign exchange law is repealed and its Appellate Board dissolved, with incumbents vacating office without compensation; prosecutions and adjudications under the repealed law are barred after two years from commencement though prior offences remain governed by the repealed statute; acts, appointments, licences and instruments under the repealed law are saved if consistent with the new Act; pending appeals to the old Appellate Board transfer to the new Appellate Tribunal; appeals to the High Court must be filed within sixty days, subject to condonation for sufficient cause, and the General Clauses Act governs the effect of repeal. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 29 May 2025 10:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2042 The previous foreign exchange law is repealed and its Appellate Board dissolved, with incumbents vacating office without compensation; prosecutions and adjudications under the repealed law are barred after two years from commencement though prior offences remain governed by the repealed statute; acts, appointments, licences and instruments under the repealed law are saved if consistent with the new Act; pending appeals to the old Appellate Board transfer to the new Appellate Tribunal; appeals to the High Court must be filed within sixty days, subject to condonation for sufficient cause, and the General Clauses Act governs the effect of repeal. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2042