| Date: |
19-01-2002
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| Notification No: |
FEMA Notification No 49/2002
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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 (Transfer or any Issue of any Foreign Security) (Second Amendment) Regulations, 2002
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|
Foreign Exchange Management (Transfer or any Issue of any Foreign
Security) (Second Amendment) Regulations, 2002
FEMA Notification No. 49 dated 19th
January 2002
In exercise of the powers conferred by
clause (a) of Sub-section (3) of Section 6 and Section 47 of the Foreign
Exchange Management Act, 1999, (42 of 1999), and in partial modification of its
Notification No. FEMA 19/RB, dated May 3, 2000, the Reserve Bank of India makes
the following Regulations to amend the Foreign Exchange Management (Transfer or
Issue of any Foreign Security) Regulations, 2000, as amended from time to time,
namely:
1.
(a) These Regulations may be
called the Foreign Exchange Management (Transfer or Issue of any Foreign
Security) (Second Amendment) Regulations, 2002.
(b) They shall come into force
from the date of their publication in the Official Gazette.
2. In the Foreign Exchange
Management (Transfer or Issue of any Foreign Security) Regulations, 2000, in
Regulation 6, in sub-regulation (2) in clause (I), after the proviso, the
following proviso shall b
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