law: Foreign Exchange Management Act, 1999 
  1. Short title, extent, application and commencement 
  1. This Act may be called the Foreign Exchange
  
  Management Act, 1999.
  2. It extends to the whole of India.
  3. It shall also apply to all branches,
  
  offices and agencies outside India owned or controlled by a person resident in
  
  India and also to any contravention there under committed outside India by any
  
  person to whom this Act applies.
  4. It shall come into force on such date as
  
  the Central Government may, by notification in the Official Gazette, appoint:
  Provided  that different dates may be appointed for
  
  different provisions of this Act and any reference in any such provision to the
  
  commencement of this Act shall be construed as a reference to the coming into
  
  force of that provision.