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    <description>Rule 2 defines &quot;Act&quot; as the Foreign Exchange Management Act, 1999, and &quot;Schedule&quot; as a schedule appended to the Foreign Exchange Management (Current Account Transactions) Rules, 2000. &quot;Drawal&quot; includes obtaining foreign exchange from an authorised person, opening a letter of credit, and using international credit cards, debit cards, ATM cards, or other instruments creating a foreign-exchange liability. Terms undefined in the Rules but defined in the Act retain their statutory meanings.</description>
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