Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020

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..... rt and Import of Currency) (Amendment) Regulations, 2020 No. FEMA 6 (R)/ (2)/2020-RB. -In exercise of the powers conferred by clause (ga) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) , the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 ( Notification No .....

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..... ncipal Regulations , after Regulation 8 , the following new regulation shall be inserted, namely, - 9. Reserve Bank s power to permit export or import of currency: Notwithstanding anything contained in these regulations, the Reserve Bank may, on an application made to it and on being satisfied that it is necessary to do so, allow any person to take or send out of India to any country or bri .....

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