Overseas investment regulation replaces earlier foreign security and overseas property frameworks while preserving prior actions and omissions.

Foreign Exchange Management (Overseas Investment) Rules, 2022 establish the rule framework governing overseas investment under the Foreign Exchange Management Act, 1999. The rules supersede the earlier framework concerning transfer or issue of foreign securities and acquisition or transfer of immovable property outside India, while preserving actions taken or omitted before supersession. They take effect upon publication in the Official Gazette.

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