https://www.taxtmi.com/acts?id=2269 Regulation 7 permits authorised persons to send out foreign currency acquired in the normal course of business and allows persons to take or send abroad cheques on foreign currency accounts, foreign exchange drawn from an authorised person under law, and currency in vessel or aircraft safes with Reserve Bank permission. It also permits taking out foreign exchange possessed or unspent retained under the Possession and Retention Regulations, and allows non-resident persons to take out unspent declared foreign exchange brought in on arrival. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 17:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2269 Regulation 7 permits authorised persons to send out foreign currency acquired in the normal course of business and allows persons to take or send abroad cheques on foreign currency accounts, foreign exchange drawn from an authorised person under law, and currency in vessel or aircraft safes with Reserve Bank permission. It also permits taking out foreign exchange possessed or unspent retained under the Possession and Retention Regulations, and allows non-resident persons to take out unspent declared foreign exchange brought in on arrival. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2269