Regulation 2 - Definitions - Foreign Exchange Management (Realisation, Repatriation And Surrender of Foreign Exchange) Regulations, 2000

2. Definitions :- In these Regulations, unless the context requires otherwise, - (i) 'Act' means 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 exchange due' means the amount which a person has a right to receive or claim in foreign exchange ; (iv) 'surrender' means the selling of foreign exchange to an authorised person in India in exchange of rupees ; (v) the words and expressions used but not defined in these regulations shall have the same meanings respectively assigned to them in the Act.