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Regulation 1 - Short title & Commencement - Foreign Exchange Management (Possession And Retention of Foreign Currency) Regulations 2000Extract RESERVE BANK OF INDIA (Exchange Control Department) NOTIFICATION Mumbai, 3rd May, 2000 No. FEMA 11/2000-RB G.S.R. 394(E). In exercise of the powers conferred by clause (a) and clause (e) of Section 9, clause (d) and clause (g) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following regulations, namely :- 1. Short title commencement :- (i) These regulations may be called as Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2000. (ii) They shall come into force on 1st day of June, 2000.
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