NTF. NO. FEMA 200/2009-RB, DT. 05/10/2009
- Document type
- Circular
- Dated
- Category
- Notifications Under FEMA
FEM (Acquisition and Transfer of Immovable Property in India) (Second Amendment) Regulations, 2009
FEM (Acquisition and Transfer of Immovable Property in India) (Second Amendment) Regulations, 2009
2. Short title and commencement
(i) These Regulations may be called the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Second Amendment) Regulations, 2009
(ii) They shall come into force from the date of their publication in the Official Gazette.
3. Amendment of regulation 2
In the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 (Notification No. FEMA 21/2000-RB dated May 3, 2000) in regulation 2, clause (c), sub clause (ii), shall be substituted by the following, namely,-
" (ii) who or either of whose father or mother or whose grandfather or grandmother was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955)."
(Salim Gangadharan)
Chief General Manager in-Charge
The Principal Regulations were published in the Official Gazette vide G.S.R No. 407 (E) dated May 8, 2000 in Part II, Section 3, Sub-Section (i) and subsequently amended vide:
i) G.S.R No 578 (E) dated 19-8-2002
ii) G.S.R No 557 (E) dated 22-7-2003
iii) G.S.R No 130 (E) dated 3-3-2006
iv) G.S.R No 299 (E) dated 1-5-2009