Notification No. FEMA 26/2000-RB dated the 14th August, 2000
ForeignExchange Management
(Borrowing or Lending in Foreign Exchange)
(Amendment) Regulation, 2000 FEMA Regulation Amended
- "EEFC Account" Omitted from Regulation 4(1)(iv)In exercise of the powers conferred by clause (d) of sub-section (3) of Section 6, and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its
Ntf. No. FEMA 3/2000-RB dated 3rd May, 2000, the Reserve Bank of India makes the following Regulations to amend the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, namely:-
- 1.
- Short title and commencement
- These Regulations may be called the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2000.
- They shall come into force with immediate effect.
- 2.
- Amendment of the Regulations
In the Foreign Exchange Management (Borrowing of Lending in Foreign Exchange) Regulations 2000, in Regulation 4, in sub-regulation (1), in clause (iv), the words "EEFC Account or", shall be omitted.
Sd/-
(P.R. Gopala Rao)
Executive Director
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