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        FEMA

        Rule 2A - Reserve Bank to Administer these Rules

        Foreign Exchange Management (Non-debt Instruments) Rules, 2019
        Chapter I
        PRELIMINARY

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        Reserve Bank authority to administer non-debt rules enables issuance of directions to ensure effective implementation. These Rules vest administration in the Reserve Bank, authorising it to administer the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and to interpret and issue directions, circulars, instructions and clarifications as necessary to ensure effective implementation and application of the Rules.
                        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.

                              Reserve Bank authority to administer non-debt rules enables issuance of directions to ensure effective implementation.

                              These Rules vest administration in the Reserve Bank, authorising it to administer the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and to interpret and issue directions, circulars, instructions and clarifications as necessary to ensure effective implementation and application of the Rules.


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