Definition of 'Act' confirms it refers to the Foreign Exchange Management Act; other terms adopt Act meanings. Regulation 2 defines Act as the Foreign Exchange Management Act and provides that words and expressions not defined in these Regulations shall have the ... Summary
Definition of 'Act' confirms it refers to the Foreign Exchange Management Act; other terms adopt Act meanings.
Regulation 2 defines Act as the Foreign Exchange Management Act and provides that words and expressions not defined in these Regulations shall have the same meanings as assigned to them in the Act, thereby incorporating the Act's definitions into the Regulations.
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