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Home Acts & Rules FEMA Regulation FOREIGN EXCHANGE MANAGEMENT (FOREIGN CURRENCY ACCOUNTS BY A PERSON RESIDENT IN INDIA) REGULATIONS, 2000 This

FOREIGN EXCHANGE MANAGEMENT (FOREIGN CURRENCY ACCOUNTS BY A PERSON RESIDENT IN INDIA) REGULATIONS, 2000

Regulation 1 : Short title and commencement
Regulation 2 : Definitions
Regulation 3 : Restriction on holding foreign currency account by a person resident in India
Regulation 4 : Opening, holding and maintaining an Exchange Earner’s Foreign Currency Account
Regulation 5 : Opening, holding and maintaining a Resident Foreign Currency Account
Regulation 5A : Opening, holding and maintaining a Resident Foreign Currency (Domestic) Account
Regulation 6 : Opening, holding and maintaining a Foreign Currency Account in India in certain other cases
Regulation 6A : Foreign Currency Account of a unit in a Special Economic Zone
Regulation 7 : Opening, holding and maintaining a Foreign Currency Account outside India
Regulation 8 : Limit on holding in a Foreign Currency Account
Regulation 9 : Types of accounts
Regulation 10 : Remittances out of the accounts after the account holder’s death
Regulation 11 : Responsibility of authorised dealers maintaining foreign currency accounts
-Schedule I : See regulation 4 - Exchange Earner's Foreign Currency (EEFC) Account Scheme
-Schedule II : See sub-regulation (4) of regulation 6 - Diamond Dollar Account (DDA) Scheme
 
 
 
 
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