Section 14A shall stand inserted (date to be notified) by Act 28 of 2016, s. 229. — THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999

Section 14A shall stand inserted (date to be notified) by Act 28 of 2016, s. 229.

1. Section 14A shall stand inserted (date to be notified) by Act 28 of 2016, s. 229. (2) Where a contravention has been compounded under sub-section (1), no proceeding or further proceeding, as the case may be, shall be initiated or continued, as the case may be, against the person committing such contravention under that section, in respect of the contravention so compounded. CHAPTER V ADJUDICATION AND APPEAL