FOREIGN EXCHANGE MANAGEMENT (ISSUE OF SECURITY IN INDIA BY A BRANCH, OFFICE OR AGENCY OF A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation 4)
Issue of securities in India: RBI regulations govern issuance by foreign branches, offices and agencies under FEMA framework. These Regulations empower the Reserve Bank of India under the Foreign Exchange Management Act, 1999 to regulate the issue of securities in India by a branch, office or agency of a person resident outside India, designate the instrument's title as the Foreign Exchange Management (Issue of Security in India by a branch, office or agency of a person resident outside India) Regulations, 2000, and state that they come into force on the first day of June, 2000.
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Issue of securities in India: RBI regulations govern issuance by foreign branches, offices and agencies under FEMA framework.
These Regulations empower the Reserve Bank of India under the Foreign Exchange Management Act, 1999 to regulate the issue of securities in India by a branch, office or agency of a person resident outside India, designate the instrument's title as the Foreign Exchange Management (Issue of Security in India by a branch, office or agency of a person resident outside India) Regulations, 2000, and state that they come into force on the first day of June, 2000.
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