View All - 1971 Acts Section No : Acts & Ordinances FOREIGN EXCHANGE AMNESTYMarginal Notes1. This Act may be cited as the Foreign Exchange Amnesty Act, No. 1 of 1971.2. Application of Act 3. Opportunity given to persons to whom this Act applies to make declarations. 4. Power of competent authority to issue direction in respect of foreign assets specified in declarations. 5. Special provisions applicable to persons to whom this Act applies who have complied with the relevant directions issued to them In respect of their foreign assets. 6. Power of competent authority to issue directions. 7. Special provisions applicable to persons to whom this Act applies and who prior to October 25, 1970, have ceased to possess foreign assets. 8. Maintenance of secrecy. 9. Interpretation.