Regulation 5 - Subject to the Provisions of Section 1(3) of the Act - Foreign Exchange Management (International Financial Services Centre) Regulations, 2015

5. Subject to the provisions of Section 1(3) of the Act, and save as otherwise provided in these Regulations or any other Regulations or directed by the Reserve Bank of India from time to time, nothing contained in any other regulations shall apply to a financial institution or branch of a financial institution set up in an IFSC.