Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 - 028/2000 - Foreign Exchange Management

Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 Notification No.FEMA 28 /2000-RB. dated September 5, 2000 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 28.09.2000 - G.S.R. No. 756(E) In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its notification No.FEMA 25/2000-RB dated 3 rd May, 2000, the Reserve Bank of India makes the following Regulations to amend the Foreign Exchange Management (Foreign exchange derivative contracts) Regulations 2000, namely:- 2. Short title and commencement:- i. These Regulations may be called the Foreign Exchange Management (Foreign exchange derivative contracts) (Amendment) Regulations, 2000. ii. They shall come into force with immediate effect. 3. Amendment of the Regulations In the Foreign Exchange Management (Foreign exchange derivative contracts) Regulations 2000, in Schedule III, the words 'but excluding oil and petroleum products', shall be omitted. Sd/- (D.P. Sarda) Executive Director