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Circular

NTF. NO. FEMA 258/2013-RB, DT. 15/02/2013

Document type
Circular
Dated

Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2013

 

NTF. NO. FEMA 258/2013-RB, DT. 15/02/2013

Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2013

In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6 and sub section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 (Notification No.FEMA 6/2000-RB dated May 3, 2000), namely:-

1. Short title and commencement

(a) These Regulations may be called the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2013.

(b) They shall come into effect from the date of their publication in the Official Gazette.

2. Amendment of the Regulations :

In the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 (Notification No.FEMA.6/2000-RB dated May 3, 2000), in regulation 3, in sub-regulation (1),

(1) in clause (a), for the figures "Rs.7,500", the figures and words "Rs.10,000 (Rupees ten thousand only)" shall be substituted;

(2) in clause (c), for the figures "Rs.7,500", the figures and words "Rs.10,000 (Rupees ten thousand only)" shall be substituted.

( Rudra Narayan Kar )
Chief General Manager

Foot Note:

The Principal Regulations were published in the Official Gazette vide No. G.S.R. No.389 (E) dated May 5, 2000 in Part II, Section 3, Sub-Section (i) and subsequently amended vide :

(a) No. G.S.R.201 (E) dated March 21, 2001
(b) No. G.S.R.548 (E) dated July 24, 2009

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