Permission

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..... ard, authorised dealers may: (i) Post and collect margin, in India and outside India, for a permitted derivative contract entered into with a person resident outside India, and receive and pay interest on such margin. (ii) Post and collect margin, outside India, for a permitted derivative contract entered into with another authorised dealer, provided that at least one of the authorised dealers .....

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..... rd, authorised dealers may post and collect margin, in India and outside India, on behalf of their customers for a permitted derivative contract entered into with a person resident outside India and receive and pay interest on such margin.] DIMPLE BHANDIA, General Manager (Officer-in-Charge) [ADVT.-III/4/Exty./319/2020-21] **************** NOTES:- 1. Substituted vide Notification No. FEMA.399 .....

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