Amendments in Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000 - 065/2002 - Foreign Exchange Management

Amendments in Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000 RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001. Notification No.FEMA.65 /2002-RB dated June 29, 2002 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 19.08.2002 - G.S.R. No. 578(E) In exercise of powers conferred by clause (i) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments to Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000, namely :- 1. (i) These Regulations may be called the Foreign Exchange Management (Acquisition and transfer of immovable property in India) (Amendment) Regulations 2002 (ii) They shall come into force on their publication in the Official Gazette. 2. In the Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000, the condition No. (ii) of clause (b) of Regulation 6 shall be deleted and the subsequent conditions (iii) and (iv) shall be renumbered as (ii) and (iii) respectively.. Sd/- ( K.J. Udeshi ) Executive Director