(2) The Central Government may, by Order published in the Official Gazette, make provision for the development and regulation of foreign trade by facilitating imports and increasing exports,.
(2) The Central Government may also, by Order published in the Official Gazette, make provision for prohibiting, restricting or otherwise regulating, in all. cases or in specified classes of cases and subject to such exceptions, if any, as may be made by or under the s Order, the import or export of goods.
(3) All goods to which any Order under sub-section (2) applies shall be deemed to be goods the import or export of which has been prohibited under section 11 of the Customs Act, 1962 and all the provisions of thai- Act shall have effect accordingly.
4. All Orders made under the Imports and Exports (Control) Act.
1.947, and in force immediately before the promulgation of tfiis Ordinance shall, so far as they are not inconsistent with the provisions of this Ordinance, continue to be in force and shall be deemed to have been made under this Ordinance.
Definitions.
Powers to make provisions relating to imports and exports.
Continuance of existing Orders, 52 of 1962.
13 of 1947, Sic. 1] THE GAZETTE OF INDIA EXTRAORDINARY 3
5. The Central Government may, from time to time, formulate and announce, by notification in the Official Gazette, the export and import policy and may also, in like manner, amend that policy.
C. (1) The Central Government may appoint any person to be the Director General of Foreign Trade for the purposes of this Ordinance.
(2) The Director General shall advise the Central Government in the formulation of the export and import policy and shall be responsible for carrying out that policy.
(3) The Central Government may, by Order published in the Official Gazette, direct that any power exercisable by it under this Ordinance (other than the powers -under sections 3, 5, 15, 16 and 19) may also be exercised, in such cases and subject to such conditions, by the Director General or such other officer subordinate to the Director General, as may be specified in the Order.
CHAPTER III IMPORTER-EXPOI;TER CODE NUMBER AND LICENCE
7. No person shall make any import or export except under an Importer-Exporter Code Number granted by the Director General or the officer authorised by the Director General in this behalf, in accordance with the procedure specified in this behalf by the Director General.