Foreign Exchange Management (Foreign Currency Account by a Person Resident in India)(Third Amendment) Regulations, 2003

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Exchange Control Department) Central Office Mumbai 400 001 Notification No.FEMA.90/2003-RB Dated May 23, 2003 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 04.06.2003 - G.S.R. No. 453(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 Forei .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion (1), after clause (d), the following clauses shall be added, namely : - '(e) as gift from a close relative; Explanation : For the purpose of this clause, 'close relative' means relatives as defined in Section 6 of the Companies Act, 1956. (f) by way of earning through export of goods/services, or as royalty, honorarium or by any other lawful means; (g) representing the disinvestment pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... G.S.R. No. 675(E) dated August 25, 2000, G.S.R. No. 89(E) dated February 12, 2001, G.S.R. No. 103(E) dated February 19, 2001, G.S.R. No. 200(E) dated March 21, 2001, G.S.R. No. 5(E) dated January 2, 2002, G.S.R. No. 261(E) dated April 9, 2002, G.S.R. No. 465(E) dated July 2, 2002, G.S.R. No. 474(E) dated July 8, 2002, G.S.R. No. 755(E) dated November 8, 2002 and G.S.R. No. 756(E), G.S.R. No. 224(E .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X