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    <title>Amendment of section 47</title>
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    <description>Amendment to section 47 substitutes clause (a) to link permissible classes of capital account transactions to debt instruments under section 6(7) and to specify limits, prohibitions, restrictions and regulation of such transactions under section 6; inserts clause (ga) to cover export, import or holding of currency or currency notes; and adds a transitional subsection preserving pre-existing Reserve Bank regulations on capital account transactions until amended or rescinded by the Central Government.</description>
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      <description>Amendment to section 47 substitutes clause (a) to link permissible classes of capital account transactions to debt instruments under section 6(7) and to specify limits, prohibitions, restrictions and regulation of such transactions under section 6; inserts clause (ga) to cover export, import or holding of currency or currency notes; and adds a transitional subsection preserving pre-existing Reserve Bank regulations on capital account transactions until amended or rescinded by the Central Government.</description>
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