Regulation 5A - [Omitted] Permission to a Person Resident in India to enter into Currency Futures or Currency Options - Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000

Permission to a Person Resident in India to enter into Currency Futures or Currency Options 5A. 3 [****] ****************** NOTES:- 1 . Inserted vide Notification No. 177/RB-2008 dated 01-08-2008 , w.e.f. 01-08-2008. 2 . Further, substituted vide Notification No. 210/2010 RB dated 19-07-2010 , before substitution it was read as, 1 [5A. Permission to a person resident in India to enter into currency futures or currency options A person resident in India may enter into a currency futures in a stock exchange recognized under section 4 of the Securities Contract (Regulation) Act, 1956, to hedge an exposure to risk or otherwise, subject to such terms and conditions as may be set forth in the directions issued by the Reserve Bank of India from time to time ] . 3 . Omitted vide Notification No. FEMA.398/RB-2020 dated 18-02-2020 before it was read as 2 [5A. Permission to a person resident in India to enter into currency futures or currency options A Persons resident in Indian may enter into currency futures or currency options on a stock exchange recognized under Section 4 of the Securities Contract (Regulation) Act, 1956, to hedge an exposure to risk or otherwise, subject to such terms and conditions as may be set forth in the directions issued by the Reserve Bank of India from time to time ]