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| Definition | : | Foreign Exchange Regulation Act |
| Category | : | Governmental » Rules & Regulations |
| Country/ Region |
: | India
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Acronym
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Foreign Exchange Regulation Act (FERA) was legislation passed by the Indian Parliament in 1973 by the government of Indira Gandhi and came into force with effect from January 1, 1974. FERA imposed stringent regulations on certain kinds of payments, the dealings in foreign exchange and securities and the transactions which had an indirect impact on the foreign exchange and the import and export of currency.
FERA is now replaced by Foreign Exchange Management Act (FEMA).
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Federal Emergency Relief Administration
Policies & Programs
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Food and Environment Research Agency
Regional Organizations
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The full form of FERA is Foreign Exchange Regulation Act
Federal Emergency Relief Administration | Foreign Exchange Regulation Act