Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974

Indian act of parliament From Wikipedia, the free encyclopedia

COFEPOSA or the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act is an act of parliament passed in 1974 during the 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 Though MISA was repealed in 1978, COFEPOSA is still in force.[4] COFEPOSA Act 1974 prescribes that the appropriate government shall establish advisory boards to assist the government on matters related to the detention of persons and prepare reports regarding the same. According to this section, the appropriate Government shall form an advisory board to perform the functions mentioned in clauses (4)(a) and (7)(c) of Article 22.[clarification needed]

Territorial extentwhole of India
PassedbyLok Sabha
Passed6 December 1974[1][2]
Quick facts Parliament of India, Citation ...
Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Parliament of India
  • An Act to provide for preventive detention in certain cases for the purposes of conservation and augmentation of Foreign Exchange and prevention of smuggling activities and for matters connected therewith.
CitationAct No. 52 of 1974
Territorial extentwhole of India
Passed byLok Sabha
Passed6 December 1974[1][2]
Passed byRajya Sabha
Passed11 December 1974[3]
Assented to byPresident Fakhruddin Ali Ahmed
Assented to13 December 1974
Commenced19 December 1974
Legislative history
First chamber: Lok Sabha
Bill titleConservation of Foreign Exchange and Prevention of Smuggling Activities Bill, 1974
Introduced3 December 1974
Passed6 December 1974
Second chamber: Rajya Sabha
Passed11 December 1974
Repeals
Maintenance of Internal Security (Amendment) Ordinance, 1974 (11 of 1974)
Amended by
  1. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Amendment) Act, 1975 (35 of 1975)
  2. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Amendment) Act, 1976 (20 of 1976)
  3. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Second Amendment) Act, 1976 (90 of 1976)
  4. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Amendment) Act, 1984 (58 of 1984)
  5. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Amendment) Act, 1987 (23 of 1987)
  6. Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988 (46 of 1988)
  7. Conservation of Foreign Exchange and Prevention of Smuggling Activities (Amendment) Act, 1996 (15 of 1996)
Status: In force
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