Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017 - 20(R)/ 2017-RB - Foreign Exchange Management

RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) (CENTRAL OFFICE) NOTIFICATION No. FEMA 20(R)/ 2017-RB Mumbai, the 7th November, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 G.S.R. 1374(E).- In exercise of the powers conferred by clause (b) of sub-section (3) of section 6 and section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession of Notification No. FEMA 20/2000-RB and Notification No. FEMA 24/2000-RB both dated May 3, 2000, as amended from time to time, the Reserve Bank makes the following regulations to regulate investment in India by a Person Resident Outside India, namely:- See Regulations