Foreign Exchange Management (Offshore Banking Unit) Regulations, 2002

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....ptember 7, 2002 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 19.10.2002 - S.O. No. 3327 In exercise of the powers conferred by Section 6, Section 7, Section 8, Section 9 and Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and all other powers enabling it in this behalf, the Reserve Bank of India ....

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....pecial Economic Zone notified by the Government of India; v. Words and expressions used but not defined in these Regulations shall have the same meanings respectively assigned to them in the Act. CHAPTER- II PART 1 3. Notwithstanding the status, as an authorised dealer, of the bank setting up the Offshore Banking Unit, and save as otherwise directed by the Reserve Bank, the Offshore Ba....