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Regulation 4 - Regulation - FEMA - Regulation 4 - 4. :- Nothing contained in these Regulations shall apply to the following: 1) Deposits held in rupee accounts maintained by foreign diplomatic missions and diplomatic personnel and their family members in India with an authorised dealer. 2) Deposits held by diplomatic missions and diplomatic personnel in special rupee accounts namely Diplomatic Bond Stores Account to facilitate purchases of bonded stocks from firms and companies who have been gra .....

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nd Stores Account No. ; c) Debits to the accounts shall be for local disbursements, or for payments for purchases of bonded stocks to firms and companies who have been granted special facilities by customs authorities for import of stores into bond; d) The funds in the account may be repatriated outside India without the approval of Reserve Bank. 3) Deposits held in accounts maintained in foreign currency by diplomatic missions, diplomatic personnel and non-diplomatic staff, who are the national .....

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