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Foreign Exchange Regulation Act,1973: Notification under sec. 26(6) - 1840 - Income TaxExtract Foreign Exchange Regulation Act,1973: Notification under sec. 26(6) Notification No. 1840 Dated 10/4/1976 In pursuance of sub-section (6) of section 26 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank of India hereby permits, subject to such instructios as may be issued from time to time, shipping agents to give, in respect of any debt or other obligation or liability of their foreign shipping principals, guarantee in favour of any officer or other authority appointed or constituted under- (a) the Income-tax Act, 1961 (43 of 1961); (b) the Customs Act, 1962 (52 of 1962); (c) the Major Port Trust Act, 1963 (38 of 1963); or (d) any other Central or State Act.
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