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In exercise of the powers conferred by the Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 of the Export and Import Policy, 1997-2002(incorporating amendment made upto 31.3.2000), the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2002.
The positions referred to would exclude the positions pertaining to the pure securities borrowers to the extent that the collateral securities are kept with the clearing house/corporation.
