Home Acts & Rules FEMA Old_Provisions FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) REGULATIONS, 2004 This
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Regulation 9A - Overseas Investments by Registered Trust/Society - FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) REGULATIONS, 2004Extract 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.] ********************* Note : 1. Has been inserted vide Notification No. 181/2008 dated 1/10/2008 (w.e.f. 27th day of June 2008) 2. Has been inserted vide Notification No. 181/2008 dated 1/10/2008 (w.e.f. 13th day of August 2008)
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