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Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2007

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..... 55-RB-2007 dated 7 June 2007 [G.S.R.456(E)] In exercise of the powers conferred by clause (h) of Sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Rank of India makes the following amendments to the Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) Regulations, 2000 (Noti .....

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..... tion issued by the Reserve Bank of India from time to time. Sd/- Salim Gangadharan Chief General Manager F.No. 1/23/EM/2000-Vol.IV Footnote:- (i) It is clarified that no person will be adversely affected as a result of retrospective effect being given to these Regulations. (ii) The Principal Regulations were published in the Official Gazette vide G.S.R. 390(E) dated May 5, 20 .....

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