LEGAL FRAMEWORK

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..... fect from 1st April, 2008 and shall remain in force 'till further amendments' unless otherwise specified.] Amendments 1.3 Central Government reserves right in public interest to make any amendments by notification to this Policy in exercise of powers conferred by Section 5 of FT (D&R) Act. Transitional Arrangements 1.4 Authorisation issued before commencement of FTP shall continue to be valid .....

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..... re date of imposition of such restriction. However, a time limit for operationalising such LCs may be prescribed. ******************** Notes : 1. Has been inserted vide Notification No. 20/ (RE-2008)/2004-09 dated 01/07/2008 2. Substituted vide Notification No. 70 (RE-2008)/2004-2009, dated 08/12/2008, before it was read as:- "1.2 This Foreign Trade Policy 2004-2009 (FTP), incorporating provis .....

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