Travel and Tourism Industry in India is required to implement various laws. Examine the various laws applicable to such Industry.

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2020
Travel and Tourism Industry in India is required to implement various laws. Examine the various laws applicable to such Industry.

Answer & Explanation:

The laws applicable to the travel & tourism industry can broadly be classified into the following categories: Legal and Regulatory Framework: Laws relating to consumer protection; health; safety and security of travel and tourism customers. Legal Liability and Risk Management: Legal liability concepts; owner and director liability; guide and leader liability; risk assessment and controlling; risk mitigation; risk financing and insurance. Transport Legislation: Laws relating to surface; sea and air transport laws in relation to carriage of passengers. Contract Legislation: Laws in relation to Travel and Tourism customers: Indian Contract Act, 1872, Partnership Act, 1932, Sale of Goods Act, 1930, Consumer Protection Act, 1986/2019 and Companies Act, 2013. Business Ethics in Travel and Tourism Sector: CSR policy for travel and tourism businesses; corporate responsibility to shareholders versus stakeholders; personal versus social responsibility; stakeholder theory; determinants of social Responsibility of individuals and social groups; role of governance system. Emergence of corporate governance code; development of corporate governance code; development of Indian corporate governance. Forex Management: Regulation and Management of foreign exchange: Foreign Exchange Management Act - realization and repatriation of foreign exchange; Foreign Exchange Rules in India. Medical Tourism: Certification and Accreditation in Health and Medical Tourism, Ethical, Legal, Economic and Environmental issues in Health and Medical Tourism. Laws related to National Accreditation Board for Hospitals & Healthcare (NABH) and Joint Commission International (JCI). Event Laws & Permissions: Permissions required for holding an event, general details, police permissions, traffic police, ambulance, fire brigade, municipal corporation, Indian Performing Rights Society (IPRS), Phonographic Performing License, Entertainment Tax, Permissions for open ground events, license for serving liquor. Other Laws: Laws relating to Management of Tourism in Tribal Areas and Setting up Travel Agency & Tour Operation Unit.

Topics: Industry Specific Laws

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