Rule 9A - Permission for receipt of foreign contribution in application for obtaining prior permission - Foreign Contribution (Regulation) Rules, 2011

1 [ 9A. Permission for receipt of foreign contribution in application for obtaining prior permission. If the value of foreign contribution on the date of final disposal of an application for obtaining prior permission under clause (a) of sub-rule (1) of rule 9 is over rupees one crore, the Central Government may permit receipt of foreign contribution in such instalments, as it may deem fit: Provided that the second and subsequent instalment shall be released after submission of proof of utilization of seventy five per cent. of the foreign contribution received in the previous instalment and after field inquiry of the utilisation of foreign contribution. ] ************ NOTES:- 1. Inserted vide Notification No. G.S.R. 695(E) dated 10-11-2020