SCHEDULE II - See Rule 4 - Transactions which require prior approval of the Central Government - Foreign Exchange Management (Current Account Transactions) Rules, 2000

SCHEDULE II (See rule 4) Transactions which require prior approval of the Central Government Purpose of Remittance Ministry/Department of Government of India whose approval is required 1. Cultural Tours Ministry of Human Resource Development (Department of Education and Culture) 2. Advertisement in foreign print media for the purposes other than promotion of tourism, foreign investments and international bidding (exceeding US$ 10,000) by a State Government and its Public Sector Undertakings. Ministry of Finance, Department of Economic Affairs. 3. Remittance of Freight of vessel chartered by a PSU Ministry of Shipping Transport, (Chartering Wing) 4. Payment of import through ocean transport by a Government Department or a PSU on c.i.f. basis (i.e., other than f.o.b. and f.a.s. basis) Ministry of Shipping Transport, (Chartering Wing) 5. Multi-modal transport operators making remittance to their agents abroad Registration Certificate from the Director General of Shipping 6. Remittance of hiring charges of transponders by TV Channels and Internet Service Providers Ministry of Information and Broadcasting 7. Remittance of container detention charges exceeding the rate prescribed by Director General of Shipping Ministry of Surface Transport (Director General of Shipping) 1[**] 9. Remittance of prize money/sponsorship of sports activity abroad by a person other than International/National/State Level sports bodies, if the amount involved exceeds US$ 1,00,000 Ministry of Human Resource Development, (Department of Youth Affairs and Sports) 2[10]. Omitted 11. Remittance for membership of P I Club Ministry of Finance (Insurance Division) **************** Notes: 1. Omitted vide notification no. GSR. 382 dated 5-5-2010 , with an explanatory memorandum before omission it was read as, 8. Remittances under technical collaboration agreements where payment of royalty exceeds 5 per cent on local sales and 8 per cent on exports and lump-sum payment exceeds US$ 2 million Ministry of Industry and Commerce Explanatory memorandum: The Government of India reviewed the extant policy with regard to liberalization of foreign technology agreement and it was decided to permit, with immediate effect, payments for royalty, lump sum fee for transfer of technology and payments for use of trademark/brand name on the automatic route. Accordingly, Government of India issued a Press Note on 16.12.2009. Hence, the rule shall be deemed to have come into force with retrospective effect, i.e., from 16.12.2009. It is certified that no person will be adversely affected by giving retrospective effect to these rules. 2. Omitted vide notification no. 608(E) dated 13.9.2004, before it was read as 10. Payment for securing Insurance for health from a company abroad. Ministry of Finance (Insurance Division)