Foreign Exchange Management (Deposit) (Amendment) Regulations, 2002 - 078/2002 - Foreign Exchange Management

Foreign Exchange Management (Deposit) (Amendment) Regulations, 2002 Reserve Bank of India Exchange Control Departemnt Central Office Mumbai-400 001 Notification No.FEMA.78/2002-RB November 27, 2002 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 18.03.2003 - G.S.R. No. 224(E) In exercise of the powers conferred by clause (f) of sub-section (3) of Section 6 and 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 5/2000-RB dated 3 rd May, 2000, the Reserve Bank of India makes the following Regulations to amend the Foreign Exchange Management (Deposit) Regulations 2000, namely :- 1. Short title and Commencement (i) These Regulations may be called the Foreign Exchange Management (Deposit) (Third Amendment) Regulations, 2002. (ii) They shall come into force on their publication in the Official Gazette. 2. Amendment of the Regulations In the Foreign Exchange Management (Deposit) Regulations 2000, in Regulation 4, in sub-regulation (3) i. For the words 'diplomatic missions and personnel', the words 'diplomatic missions, diplomatic personnel and non-diplomatic staff, who are the nationals of the concerned foreign countries and hold official passport of foreign embassies' shall be substituted. ii. In Clause (c) the words 'and non-diplomatic staff' shall be inserted after the words 'diplomatic personnel'. Sd/- ( K. J. Udeshi ) Executive Director Related AP (Dir) Circular A.P.(DIR Series) Circular No.18