Officer competent for compounding specified for Foreign Contribution (Regulation) Act - Seeks to supersession Notification No. S.O. 2291(E), dated the 5th June, 2018

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e done before such supersession, the Central Government hereby specifies the officer in column (4) of the Table, who may, before institution of any prosecution under the said Act, compound the offences under the said Act specified in column (2), on payment of the amount specified in column (3), of the said Table, namely:- TABLE Sr. No. Offence Amount of Penalty Officer competent for compounding (1) (2) (3) (4) 1. Offence punishable under section 35 for accepting any hospitality in contravention of section 6 of the Act. Ten thousand rupees Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act. 2. Offence punishable under section 37 for trans....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....b) non-reporting the prescribed amount of foreign remittance or source and manner of such remittance by banks and authorised persons. (c) receiving and depositing any fund other than foreign contribution in the account or accounts opened for receiving foreign contribution or for utilising the foreign contribution. One lakh rupees or five per cent. of the foreign contribution received in such account, whichever is higher; One lakh rupees or three per cent. of the foreign contribution received or deposited in such account, whichever is higher. One lakh rupees or two per cent. of such deposit, whichever is higher. Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the A....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....or, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act. 9. Offence punishable under section 37, section 17 and section 19 of the Act read with clause (e) of sub-rule (1) of rule 9 for failure to intimate about opening of account or accounts within the prescribed time. Ten thousand rupees per utilisation account for failure to intimate within the prescribed time. The Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act. 10. Offence punishable under section 37, section 17 and section 19 of the Act read with clause (e) of sub-rule (2) of rule 9 for failure to intimate about opening of account or acco....