Prior approval requirement: declarations must be submitted to authorised dealer; exporters must receive reasonable opportunity to represent. Amendment requires that export-related declarations be submitted to the authorised dealer for prior approval, which may be granted, withheld, or made subject to conditions specified by the Reserve Bank, and further provides that no Reserve Bank direction or authorised dealer withholding of approval shall occur unless the exporter has been given a reasonable opportunity to make representations.
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.
Prior approval requirement: declarations must be submitted to authorised dealer; exporters must receive reasonable opportunity to represent.
Amendment requires that export-related declarations be submitted to the authorised dealer for prior approval, which may be granted, withheld, or made subject to conditions specified by the Reserve Bank, and further provides that no Reserve Bank direction or authorised dealer withholding of approval shall occur unless the exporter has been given a reasonable opportunity to make representations.
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