Regulation 2 - Definitions - Foreign Exchange Management (Manner of Receipt And Payment) Regulations, 2000

2. Definitions :- In these Regulations, unless the context requires otherwise, - (i) Act means the Foreign Exchange Management Act, 1999 (42 of 1999) ; (ii) authorised dealer means a person authorised as an authorised dealer under subsection (1) of Section 10 of the Act ; (iii) authorised bank means a bank, other than an authorised dealer, authorised by the Reserve Bank to accept deposits from persons resident outside India ; (iv) FCNR/NRE account means an FCNR or NRE account opened and maintained in accordance with the Foreign Exchange Management (Deposits) Regulations, 2000 ; (v) Permitted currency means a foreign currency which is freely convertible; (vi) the words and expressions used but not defined in these Regulations shall have the same meanings respectively assigned to them in the Act.