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Regulation 2 - Definitions - Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015Extract 2. Definitions:- In these Regulations, unless the context otherwise requires, - i) Act means the Foreign Exchange Management Act, 1999 (42 of 1999) ; ii) Authorised dealer means a person authorised as an authorised dealer under sub-section (1) of section 10 of the Act ; iii) Foreign Currency Account means an account held or maintained in currency other than the currency of India or Nepal or Bhutan; iv) Schedule means schedule to these Regulations; v) the words and expressions used but not defined in these Regulations shall have the same meanings respectively assigned to them in the Act.
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