Notification No. G.S.R. 382(E), dated 5-5-2010
In exercise of the powers conferred by section 5 and sub-section (1) and clause (a) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government, having considered it necessary in the public interest, hereby makes the following further amendment in the Foreign Exchange Management (Current Account Transactions) Rules, 2000, namely: –
1. (1) These rules may be called the Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2010.
(2) They shall be deemed to have come into force with effect from the 16th day of December, 2009.
2. In the Foreign Exchange Management (Current Account Transactions) Rules, 2000, in schedule II, item number 8 and the entry relating thereto shall be omitted.
