Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009 - 195/2009-RB - Foreign Exchange Management

Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009 NOTIFICATION Mumbai, the 7th July, 2009 No. FEMA, 195/2009-RB Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009 G.S.R. 548(E.) - In exercise of the powers conferred by clause (d) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) , the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 ( Notification No. FEMA 6/2000-RB dated 3rd May, 2000 ), namely :- 1. Short Title and Commencement. - (i) These regulations may be called as Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009. (ii) They shall come into effect from the date of their publication in the Official Gazette. 2. Amendment to the Regulations.- In the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 (Notification No. FEMA 6/2000-RB) dated May 3, 2000, in Regulation 3, in sub- regulation (1), (1) in clause (a), for the figures "Rs 5000". the figures and words "Rs. 7500 (Rupees seven thousand five hundred only)" shall be substituted; (2) in clause (c), for the figures "Rs. 5000", the figures and words "Rs. 7500 (Rupees seven thousand five hundred only) shall be substituted; [F. No. 1/23/EM/2006-Vol-IV] SALIM GANGADHARAN, chief General Manager-in-charge Foot Note : - The Principal Regulation were published in the Official Gazette vide No. G.S.R. 389(E) Part II, Section 3, Sub-section (i) dated May 5, 2000 and subsequently amended vide No. G.S.R. 201(E) dated March 21, 2001.