Regulatory definitions: the Regulations treat undefined terms as having the meanings given in the Foreign Exchange Management Act. Regulation 2 of the Foreign Exchange Management (Insurance) Regulations, 2015 designates that the term Act means the Foreign Exchange Management Act and instructs that words and expressions not defined in the Regulations carry the meanings assigned to them in that Act, thereby anchoring interpretation of the Regulations to the enabling legislation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory definitions: the Regulations treat undefined terms as having the meanings given in the Foreign Exchange Management Act.
Regulation 2 of the Foreign Exchange Management (Insurance) Regulations, 2015 designates that the term Act means the Foreign Exchange Management Act and instructs that words and expressions not defined in the Regulations carry the meanings assigned to them in that Act, thereby anchoring interpretation of the Regulations to the enabling legislation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
