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    <title>Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2001</title>
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    <description>Regulation 5(3) is replaced to allow NRIs to buy shares or convertible debentures on a stock exchange under the Portfolio Investment Scheme subject to Schedule 3, but bar purchases in the Print Media sector. NRIs and OCBs may buy securities on a non-repatriation basis outside PIS under Schedule 4, also excluding Print Media. Schedule 3 is amended to remove OCB references and to require the link office of the authorised dealer&#039;s designated branch to furnish daily reports of PIS transactions to the Reserve Bank in the prescribed format.</description>
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    <pubDate>Thu, 29 Nov 2001 00:00:00 +0530</pubDate>
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