Registration or Prior permission from Central Government [ Section 11 ]

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ny association registered with the Central Government under section 6 or * Granted prior permission under that section of the Foreign Contribution (Regulation) Act, 1976, * shall be deemed to have been registered or granted prior permission, as the case may be, under this Act and such registration shall be valid for a period of five years from the date on which this section comes into force of FCRA Act 2010. "Prior Permission" from central government [ Section 11(2) ] * Every person referred to in section 11(1) may, if it is not registered with the Central Government under that sub section, * accept any foreign contribution only after obtaining the prior permission of the Central Government and such prior permission sh....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r permission before accepting the foreign contribution; or (ii) the area or areas in which the foreign contribution shall be accepted and utilised with the prior permission of the Central Government; or (iii) the purpose or purposes for which the foreign contribution shall be utilised with the prior permission of the Central Government; or (iv) the source or sources from which the foreign contribution shall be accepted with the prior permission of the Central Government. Rule 9 of FC(R) Rules 2011 provides registration process for accepting the foreign contribution * Make application for registration or Prior Permission to Central Government [Sub-rule (1) ] * (i) An application for certificate of registration by a person for acc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(a) shall have an FCRA Account. [ sub rule 2(d) ] * Every application for obtaining prior permission under the rule 9(1)(a) made before the commencement of these rules but not disposed of, shall be considered after furnishing the details of FCRA Account. [ Sub Rule 2A ] * Make application for opening more than one bank account [ Sub rule (2) ] * A person seeking prior permission under this rule may open one or more accounts in one or more banks for the purpose of utilising the foreign contribution after it has been received and in all such cases intimation in electronic form in form FC-6D shall be furnished to the Secretary, Ministry of Home Affairs, New Delhi within fifteen days of the opening of any account. [Sub rule 2(e) ] * Can....