SCH - Amendments to the Existing Provisions of the FEMA Regulations - Foreign Exchange Management [Withdrawal of General Permission To Overseas Corporate Bodies (OCBS)] Regulations, 2003

SCHEDULE Amendments to the Existing Provisions of the FEMA Regulations ; 1 2 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 In the Schedule, in paragraph 3, the word OCB shall be deleted. Foreign Exchange Management (Borrowing or Lending in Rupees) Regulations, 2000 In Regulation 5 , the words or an overseas corporate body (OCB), /Overseas Corporate Bodies(OCBs) shall be deleted. Foreign Exchange Management (Deposit) Regulations, 2000 In Regulation 5 (1)(i) and (ii) , In Regulation 8(2) , In Schedule 1 , In Schedule 2 , In Schedule 7 , the words or an overseas corporate body , and Overseas Corporate Bodies (OCBs) , and OCBs , `/OCBs shall be deleted Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 In Regulation 5(3)(ii) and (4) , In Regulation 9(2)(ii) , In item Nos 2 and 6 of Annexure B to Schedule 1 , In Schedule 3 (paragraph 3), In Schedule 4 , In Schedule 5 the words /OCBs , or an Overseas Corporate Body , and Overseas Corporate Body , or OCB shall be deleted. Foreign Exchange Management (Foreign Exchange Derivative Contracts Regulations, 2000 In Schedule II , the words or Overseas Corporate Body shall be deleted.