Amendment of Act 42 of 1999. - THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999.

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..... ) for clause (b), the following clause shall be substituted, namely:- '(b) Appellate Tribunal means the Appellate Tribunal referred to in section 18;'; (ii) in clause (zc), for the word and figures section 18 , the word and figures section 17 shall be substituted; (b) for section 18, the following section shall be substituted, namely:- Appellate Tribunal. 18. The Appellate Tribunal constit .....

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..... the Indian Revenue Service and has held a post equivalent to a Joint Secretary to the Government of India. ; (e) section 22 shall be omitted; (f) for section 23, the following section shall be substituted, namely:- Terms and conditions of service of Special Director (Appeals). 23. The salary and allowances payable to and the other terms and conditions of service of the Special Director (Appeals) s .....

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..... Appellate Tribunal or the Special Director (Appeals), as the case may be , at both the places where they occur, the words and brackets Special Director (Appeals) shall be substituted; (ii) in sub-section (1), for the words and brackets Appellate Tribunal or the Special Director (Appeals) , the words and brackets Special Director (Appeals) shall be substituted; (k) for section 33, the following se .....

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