Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 | |
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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 passed in 1974 during administration of Indira Gandhi, trying to retain foreign currency and prevent smuggling. It was an economic adjunct to the controversial Maintenance of Internal Security Act (MISA) which was enacted in 1971. Though MISA repealed in 1978, the law never was.[1]
References
- ↑ Harding, Andrew; Hatchard, John (1993). Preventive Detention and Security Law: A Comparative Survey. Martinus Nijhoff Publishers. pp. 61–. ISBN 0-7923-2432-3.
- "Economic laws primer". Retrieved 30 March 2012.
External links
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