Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Fourth Amendment) Regulations, 2012 - আৰবিআই - Reserve Bank of India
Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Fourth Amendment) Regulations, 2012
RESERVE BANK OF INDIA Notification No. FEMA.250/2012-RB December 6, 2012 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) In exercise of the powers conferred by clause (d) of sub-section (3) of Section 6 and sub section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 (Notification No.FEMA 3/2000-RB dated May 3, 2000) (hereinafter referred to as the Principal Regulations), namely:- 1. Short title and commencement (a) These Regulations may be called the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Fourth Amendment) Regulations, 2012. (b) They shall be deemed to have come into force with effect from the 26th day of September, 2011.@ 2.Amendment of the Regulations : In the Principal Regulations, in Schedule II, paragraph 5 shall be omitted. (Rashmi Fauzdar) Foot Note: (i) @It is clarified that no person will be adversely affected as a result of retrospective effect being given to these regulations. (ii)The Principal Regulations werepublished in the Official Gazette vide No. G.S.R. 386(E) dated May 5, 2000 in Part II, Section 3, Sub-Section (i) and subsequently amended vide :
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