| Date: |
17-12-2002
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| Notification No: |
Notification dated 17th December 2002
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| Issuing Authority: |
RBI
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| Type: |
Notification
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| File No: |
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| Subject: |
Foreign Exchange Management (Current Account Transactions) (Second Amendment) Rules, 2002
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Foreign Exchange Management (Current Account Transactions) (Second Amendment) Rules, 2002
Notification dated 17th December 2002
In exercise of the powers conferred by the proviso to Section 5 read with clause (a) of Sub-section (2) of Section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Central Government in the public interest and in consultation with the Reserve Bank, makes the following further amendments to the Foreign Exchange Management (Current Account Transactions) Rules, 2002, namely: -
1.
(1) These rules may be called the Foreign Exchange Management (Current Account Transactions) (Second Amendment) Rules, 2002.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Foreign Exchange Management (Current Account Transactions) Rules, 2002, in Schedule lll in item No. 2, for the letters and figures US $ 5000 the letters and figures US$ 10000 shall be substituted.
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