Regulation 2 - Definitions - Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015

Definitions: - 2. In these Regulations, unless the context requires otherwise, - (i) Act means Foreign Exchange Management Act, 1999 (42 of 1999); (ii) Authorised Dealer means a person authorised as an authorised dealer under sub-section (1) of Section 10 of the Act ; (iii) foreign exchange due means the amount which a person has a right to receive or claim in foreign exchange; (iv) surrender means the selling of foreign exchange to an authorised person in India in exchange of rupees; (v) the words and expressions used but not defined in these regulations shall have the same meanings respectively assigned to them in the Act.