Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Second Amendment) Regulations, 2000

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..... EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 30 /2000-RB dated November 17, 2000 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 12.02.2001 - G.S.R. No. 89(E) In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Fore .....

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..... the said Regulations'), a. in Regulation 9, for the proviso, the following proviso shall be substituted, namely:- 'Provided that the EEFC Account referred to in Regulation 4, shall be opened, held or maintained in the form of a non-interest bearing current account only;' b. in the Schedule to the said Regulations, in paragraph (1), for the words 'up to 35 per cent' and 'up to 25 per cent', t .....

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