Pre-paid instruments permitted for foreign tourists in exchange for foreign exchange, with passport accepted as identity verification. Authorised Persons may issue Pre-paid instruments to foreign tourists in exchange for foreign exchange tendered, with passport accepted as valid identification, to facilitate exchange transactions following withdrawal of certain banknotes; instructions are issued under the Foreign Exchange Management Act and do not override other statutory permissions.
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.
Pre-paid instruments permitted for foreign tourists in exchange for foreign exchange, with passport accepted as identity verification.
Authorised Persons may issue Pre-paid instruments to foreign tourists in exchange for foreign exchange tendered, with passport accepted as valid identification, to facilitate exchange transactions following withdrawal of certain banknotes; instructions are issued under the Foreign Exchange Management Act and do not override other statutory permissions.
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