Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Third Amendment) Regulations, 2019

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..... CE) NOTIFICATION No. FEMA 20 (R) (4) /2019-RB Mumbai, the 18th April, 2019 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Third Amendment) Regulations, 2019 G.S.R. 312(E) .-In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Forei .....

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..... (xlvi) of regulation 2, the following shall be added, namely; (xlvii) Municipal Bonds mean debt instruments issued by municipalities constituted under Article 243Q of the Constitution of India. (ii) The existing clause (xlvii) of regulation 2 shall now become (xlviii). 3. Amendment to Schedule 5 (i) In Para 1 sub section A of Schedule 5 .....

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