State the procedure for making an application for renewal of certificate under the Foreign Contribution (Regulation) Act, 2010.

CS Executive · Economic and Commercial Laws · PYQS · December 2015
State the procedure for making an application for renewal of certificate under the Foreign Contribution (Regulation) Act, 2010.

Answer & Explanation:

Procedure for renewal of certificate under FCRA Every person who has been granted a certificate under section 12 of the Foreign Contribution (Regulation) Act, 2010 shall have such certificate renewed within six months before the expiry of the period of the certificate. The application for renewal of the certificate shall be made to the Central Government in such form and manner and accompanied by such fee as may be prescribed. The Central Government shall renew the certificate, ordinarily within ninety days from the date of receipt of application for renewal of certificate subject to such terms and conditions as it may deem fit and grant a certificate of renewal for a period of five years: In case the Central Government does not renew the certificate within the said period of ninety days, it shall communicate the reasons thereof to the applicant. The Central Government may refuse to renew the certificate in case where a person has violated any of the provisions of this Act or rules made thereunder.

Topics: Foreign Contribution (Regulation) Act, 2010

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