NEW DELHI: The Centre has exempted all organisations set up by or under a central or state Act or by an administrative or executive order of the central or state government and wholly owned by the respective government and required to have its accounts mandatorily audited by the Comptroller and Auditor General of India from the provisions of the Foreign Contribution (Regulation) Act, 2010. The exemption will, however, not apply to political parties.The order, notified by the home ministry on Thursday, will benefit central and state universities. In the notification, the MHA said, “The central government is of the opinion that it is necessary in the interest of general public to exempt organisations (not being a political party), constituted or established by or under a central Act or a state Act or by any administrative or executive order of the central government or any state government and wholly owned by the respective government and required to have their accounts compulsorily audited by CAG or any of the agencies of CAG, from operation of the Foreign Contribution (Regulation) Act, 2010.”