Conservation of Foreign Exchange and Prevention of Smuggling Activities Act

Conservation of Foreign Exchange and Prevention of Smuggling Activities Act

Enacted by	Parliament of India
Status: In force

COFEPOSA or the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act is an Act of the Parliament of India passed in 1974 during Indira Gandhi administration, trying to retain foreign currency and prevent smuggling. It was an economic adjunct to the controversial Maintenance of Internal Security Act (MISA) enacted in 1971. Though MISA repealed in 1978, the law never was.^[1]

The trade association ASSOCHAM has demanded its repeal.^[2]

References

↑ Harding, Andrew; Hatchard, John (1993). Preventive Detention and Security Law: A Comparative Survey. Martinus Nijhoff Publishers. pp. 61–. ISBN 0-7923-2432-3.
↑ "COFEPOSA must go: Assocham". The Hindu. 3 May 2005. Retrieved 30 March 2012.

"Economic laws primer". Retrieved 30 March 2012.

External links

COFEPOSA articles from the Times of India

Indian Legislations

Constitution of India (amendments) Indian Penal Code CrPC

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Corruption	Benami Transactions Black Money Corruption Lokpal Mines & Minerals Act 2015 Money Laundering Whistle Blowers

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Financial	Aadhaar Act COFEPOSA Depositories Act Expenditure Tax Act, 1987 Fiscal Responsibility and Budget Management Act, 2003 Foreign Contribution Regulation Act Foreign Exchange Management Act Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 The Income-tax Act, 1961 Indian Stamp Act, 1899 Insolvency and Bankruptcy Code Insurance Act, 1938 National Rural Employment Guarantee Act, 2005 Negotiable Instruments Act, 1881 Electricity Act Real Estate (Regulation and Development) Act, 2016 The Competition Act, 2002 Securities Laws (Amendment) Act, 2014 Street Vendors Act, 2014 Urban Land (Ceiling and Regulation) Act, 1976

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Lapsed	Women's Reservation Bill

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