Foreign exchange receipt and payment framework supersedes earlier provisions while preserving prior acts and omissions before replacement. Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 govern the manner of receipt and payment under the foreign-exchange ... Summary
Foreign exchange receipt and payment framework supersedes earlier provisions while preserving prior acts and omissions before replacement.
Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 govern the manner of receipt and payment under the foreign-exchange regulatory framework. The 2023 framework supersedes the earlier manner-of-receipt-and-payment framework, while preserving acts done and omissions occurring before supersession. It takes effect upon publication in the Official Gazette.
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