Regulation 10 - Reserve Bank’s Power to Restrict Export or Import of Currency - Foreign Exchange Management (Export and Import of Currency) Regulations, 2015

1 [Reserve Bank s Power to Restrict Export or Import of Currency 10. Notwithstanding anything contained in these regulations, the Reserve Bank, may, in public interest and in consultation with the Central Government, restrict the amount of Indian currency notes of Government of India and/or of Reserve Bank, and/or foreign currency, on case-to-case basis, that a person may bring into or take outside India and prescribe such conditions as it may deem necessary. ] **************** NOTES:- 1 . Inserted vide Notification No. FEMA 6 (R)/ (3)/2020-RB dated 03-12-2020 , w.e.f. 03-12-2020.