Transfer or Issue of Security by a Person Resident outside India

By | November 6, 2015

RESERVE BANK OF INDIA

(FOREIGN EXCHANGE DEPARTMENT)

CENTRAL OFFICE

NOTIFICATION

Mumbai, the 30th October, 2015

No. FEMA.354/2015-RB

Foreign Exchange Management  (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2015

G.S.R. 823(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and 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 (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Notification No. FEMA. 20/2000-RB dated 3rd May 2000) namely:-

1. Short Title & Commencement

(i) These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2015.

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