Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2003 - 096/2003 - Foreign Exchange Management

Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2003 Reserve Bank of India Exchange Control Department Central Office Mumbai Notification No.FEMA.96/2003-RB Dated July 2, 2003 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 01.09.2003 - G.S.R. No. 699(E) In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.13/2000-RB dated 3 rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Remittance of Assets) Regulations, 2000, namely: Short title and commencement 1. (i) These Regulations may be called the 'Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2003'. (ii) They shall come into force from the date of their publication in the Official Gazette of Government of India. Amendment to the Regulations 2. In the Foreign Exchange Management (Remittance of Assets) Regulations, 2000, in regulation 6, in sub-regulation (1), in clause (iii), after the words, 'branch/office', the bracket words, '(other than project office)' shall be inserted. (Usha Thorat) Executive Director Foot-note: The Principal Regulations were published in the official gazette vide G.S.R. No. 396(E) dated May 5, 2000 in Part II, Section 3, Sub-section (i) and subsequently amended vide G.S.R. No. 576(E) dated August 19, 2002. That as rectified and modified as aforesaid, the Principal Regulations shall remain in full force and effect. G.S.R. No. 558(E)/31.08.2004