Regulation 9A - Overseas Investments by Registered Trust/Society - Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004

1 [9A Overseas Investments by Registered Trust/Society:- Registered Trusts and Societies engaged in the manufacturing/ educational sector 2 [ and which have set up hospital(s) in India ] satisfying the criteria as per schedule III of the Notification may invest in the same sector(s) in a Joint Venture/Wholly Owned Subsidiary outside India with the prior approval of the Reserve Bank. ] **************** NOTES:- 1. Inserted vide Notification No. 181/2008 dated 01-10-2008 , w.e.f. 27-06-2008. 2. Inserted vide Notification No. 181/2008 dated 01-10-2008 , w.e.f. 13-08-2008.