Continuity of overseas investments preserves pre-existing compliant investments and financial commitments under the 2022 overseas investment framework. Overseas investments or financial commitments made in accordance with applicable foreign-exchange law, rules or regulations and held on the publication ... Summary
Continuity of overseas investments preserves pre-existing compliant investments and financial commitments under the 2022 overseas investment framework.
Overseas investments or financial commitments made in accordance with applicable foreign-exchange law, rules or regulations and held on the publication date of the Foreign Exchange Management (Overseas Investment) Rules, 2022 are deemed to have been made under the 2022 Rules and the Foreign Exchange Management (Overseas Investment) Regulations, 2022.
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