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The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". [1]
Additionally, upon incorporation into DHS, FEMA was legally dissolved and a new Emergency Preparedness and Response Directorate was established in DHS to replace it. Following enactment of the Post-Katrina Emergency Management Reform Act of 2006 FEMA was reestablished as an entity within DHS, on March 31, 2007.
The United States Omnibus Consolidated and Emergency Appropriations Act, FY1999 Pub. L. 105–277 (text), among its numerous provisions that include the regular annual appropriations for most United States Department of Agriculture (USDA) programs, provided $5.9 billion in emergency spending for USDA programs to shore up farm income and to compensate farmers for natural disasters.
Emergency Steel Loan Guarantee and Emergency Oil and Gas Guaranteed Loan Act of 1999: An Act providing emergency authority for guarantees of loans to qualified steel and iron ore companies and to qualified oil and gas companies, and for other purposes; Making emergency supplemental appropriations for military operations, refugee relief, and ...
Once approved, FEMA obligates funds to the Recipient, who then disburses them to the Subrecipients. Payment Process: Payments are made on a reimbursement basis, with Subrecipients submitting documented expenses to the Recipient for review and payment. Advances may be provided in certain cases, especially for small projects or urgent emergency work.
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The order combined several federal agencies tasked with emergency preparedness and civil defense spread across the executive departments into a unified entity that was established as an independent agency, free of Cabinet interference, with authority as the lead federal agency in a presidentially-declared disaster.
FEMA is the U.S. Federal Emergency Management Agency. FEMA may also stand for: Federation of European Motorcyclists Associations, an association of groups and organisations representing motorcyclists throughout Europe; Fire Equipment Manufacturers' Association, an international, non-profit trade association for manufacturers of commercial fire ...