TMI BlogFEMA (Transfer or issue of any Foreign Security) (Second Amendment) Regulations, 2012 - Amendment in regulation 21X X X X Extracts X X X X X X X X Extracts X X X X ..... DATED 30-5-2012 G.S.R. 609(E),- In exercise of the powers conferred by clause (a) of sub-section (3) of section 6 and section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Transfer of Issue of any Foreign Security) Regulations, 2004 ( Notification No. FEMA 120/RB-2004, dat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith effect from 23rd day of September 2011. (ii) in clause (ii), for the word and figures "US $ 500 Million", the words and figures "USD 750 Million" shall be substituted and the same shall be deemed to have been substituted with effect from 23rd day of September 2011. (B) In Schedule I , in clause (ii), for the word and figures ''USD 500 Million", the words and figures "USD 750 Million" shal ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
