Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Amendment Regulations, 1981 - S.O. 786(E) - Foreign Contribution (Regulation)

MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 5th November, 1981 S.O. 786(E). In pursuance of clause (d) of section 8 of the Foreign Contribution (Regulation) Act, 1976 (49 of 1976) the Central Government hereby makes the following regulations to amend the Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Regulations 1978 , namely:- 1. These regulations may be called the Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Amendment Regulations, 1981. 2. In the Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Regulations, 1978 in regulation 3, (a) for sub-clause (c) of clause (2) the following sub-clause shall be substituted, namely : (c) its approximate market value in the country of origin , (b) in sub-clause 4, for the words its market value in India the words its market value in the country of origin shall be substituted. (c) in sub-clause (7) as well as in sub-clause (8), for the words the market value in India, the words the market value In the country of origin and for the words one thousand rupees , whenever necessary, the words three thousand rupee shall be substituted. [No. II/21022/10/(4)/81-FCRA.I] R.M. AGARWAL, Jt. Secy.