Section 50 - Amendment of section 204. - Finance Act, 2013

Amendment of section 204. 50. In section 204, (A) In clause (iia), for the words authorised dealer , the words authorised person shall be substituted; (B) In the Explanation, for clause (b), the following clause shall be substituted, namely: (b) authorised person shall have the meaning assigned to it in clause (c) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999).