Acquisition and transfer of immovable property outside India regulated under new foreign exchange amendment, effective commencement noted. The Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2000 are notified under powers conferred by the Foreign Exchange Management Act to regulate acquisition and transfer of immovable property outside India; the notification sets out the short title of the Regulations and provides that they shall come into force on the first day of June, 2000.
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Provisions expressly mentioned in the judgment/order text.
Acquisition and transfer of immovable property outside India regulated under new foreign exchange amendment, effective commencement noted.
The Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2000 are notified under powers conferred by the Foreign Exchange Management Act to regulate acquisition and transfer of immovable property outside India; the notification sets out the short title of the Regulations and provides that they shall come into force on the first day of June, 2000.
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