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    <title>Foreign Exchange Management Act, 1999 - Liberalisation</title>
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    <description>The Reserve Bank extends liberalised capital account facilities until further notice, covering overseas investments by corporates and individuals, NRI/PIO and foreign national facilities, ESOP acquisition of foreign securities, retention of ADR/GDR proceeds abroad, ECB fund parking, acquisition of immovable property overseas, and EEFC scheme extensions; authorised dealers are to inform constituents and formal amendments to the Foreign Exchange Management Regulations, 2000 will be issued under powers of the Foreign Exchange Management Act, 1999.</description>
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      <description>The Reserve Bank extends liberalised capital account facilities until further notice, covering overseas investments by corporates and individuals, NRI/PIO and foreign national facilities, ESOP acquisition of foreign securities, retention of ADR/GDR proceeds abroad, ECB fund parking, acquisition of immovable property overseas, and EEFC scheme extensions; authorised dealers are to inform constituents and formal amendments to the Foreign Exchange Management Regulations, 2000 will be issued under powers of the Foreign Exchange Management Act, 1999.</description>
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