Foreign Exchange Management (Foreign exchange derivative contracts (Amendment) Regulations, 2002

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..... 01 . Notification No.FEMA70/RB/2002 Dated the August 26, 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. 222(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 .....

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..... ed by the Reserve Bank from time to time although they can be rolled over at ongoing rates on or before maturity. Contracts covering export transactions may be cancelled, re-booked or rolled over at on-going rates without any restrictions.' (K.J. Udeshi) Executive Director Foot-Note : The Principal Regulations were published in the official gazette vide G.S.R.No.411(E) dated May 8, 2000 .....

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