Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) ( Third Amendment) Regulations, 2002

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....XCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA. 63 /2002-RB dated June 21, 2002 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 02.07.2002 - G.S.R. No. 465(E) In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign ....

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.... 6 of the Regulation, the following paragraph shall be inserted, namely : '6A. Foreign Currency Account of a unit  in a Special Economic Zone A unit located in a Special Economic Zone may open hold and maintain a Foreign Currency Account with an authorized dealer in India provided that, a. all foreign exchange funds received by the unit in the Special Economic Zone (SEZ) are credited....