Conservation of Foreign Exchange and Prevention of Smuggling Activities Act

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Conservation of Foreign Exchange and Prevention of Smuggling Activities Act
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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) enacted in 1971. Though MISA repealed in 1978, the law never was.[1]

The trade association ASSOCHAM has demanded its repeal.[2]

References[edit]

  1. ^ Harding, Andrew; Hatchard, John (1993). Preventive Detention and Security Law: A Comparative Survey. Martinus Nijhoff Publishers. pp. 61–. ISBN 0-7923-2432-3. 
  2. ^ "COFEPOSA must go: Assocham". The Hindu. 3 May 2005. Retrieved 30 March 2012. 

External links[edit]