Section 2: Definitions

Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015.Central Regulations · 1999

In these Regulations, unless the context requires otherwise – i) 'Act' means Foreign Exchange Management Act, 1999 (42 of 1999).

ii) 'To possess' or 'to retain' means to possess or to retain in physical form and the words 'possession' or 'retention' shall be construed accordingly.

iii) The words and expressions used but not defined in these regulations shall have the same meaning respectively assigned to them in the Act.

Where this provision sits

Act	Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015.
Section	2
Marginal note	Definitions
Jurisdiction	Central
Status	In force as published by the source

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