Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2009

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..... NDIA) (Foreign Exchange Department) (Central Office) NOTIFICATION Mumbai, the 20th May, 2009 No. FEMA 191/RB-2009 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2009 G.S.R 440(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), the Reserve Bank hereby .....

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..... procedure as may be directed by Reserve Bank, permit a person resident in India, subject to such terms and conditions as may be considered necessary, to enter into a freight derivative contract in an exchange or a market outside India to hedge the freight risk such person is exposed to. (ii) Notwithstanding anything contained in sub-regulation (i) an authorised dealer in India specially authoris .....

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..... regulations were published in the Official Gazette vide G.S.R, No.411 (E), dated May 3, 2000 in Part II, Section 3, Sub-section (i) and subsequently amended vide - G.S.R. 756(E), dated 28-9-2000, G.S.R. 264(E), dated 9-4-2002, G.S.R. 579(E), dated 19-8-2002, G.S.R. 222(E), dated 18-3-2003, G.S.R. 532(E), dated 9-7-2003, G.S.R. 880(E), dated) 11-11-2003, G.S.R. 881(E), dated 11-11-2003, G .....

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