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        FEMA

        Regulation 2 - Definitions

        Foreign Exchange Management (Export And Import of Currency) Regulations, 2000

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        Definition of Act clarifies that terms not defined in these regulations carry meanings assigned in the Act. Regulation 2 identifies the term Act as the Foreign Exchange Management Act and provides that words and expressions used but not defined in these regulations shall have the meanings assigned to them in the Act, thereby fixing the source of unresolved terminology and anchoring interpretation to the statutory definitions.
                        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.

                              Definition of Act clarifies that terms not defined in these regulations carry meanings assigned in the Act.

                              Regulation 2 identifies the term Act as the Foreign Exchange Management Act and provides that words and expressions used but not defined in these regulations shall have the meanings assigned to them in the Act, thereby fixing the source of unresolved terminology and anchoring interpretation to the statutory definitions.


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