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Regulation 2 - Definitions - FOREIGN EXCHANGE MANAGEMENT WITHDRAWAL OF GENERAL PERMISSION TO OVERSEAS CORPORATE BODIES (OCBS) REGULATIONS, 2003
FOREIGN EXCHANGE MANAGEMENT [WITHDRAWAL OF GENERAL PERMISSION TO OVERSEAS CORPORATE BODIES (OCBS)] REGULATIONS, 2003
2. Definitions For the purpose of these Regulations - (i) Act means the Foreign Exchange Management Act 1999;(ii) Account means Savings, Current, Recurring, Fixed Deposit. opened and maintained under Non-Resident (External) Account Scheme (NRE Amount), Foreign Currency (Non-Resident) Account Banks Scheme (FCNR-B Account) or Non-Resident (Ordinary) Account Scheme (NRO Account);(iii) Deposit includes deposit of money with a bank, company, proprietary concern, partnership firm, corporate body, trus ....... - .......