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Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2003
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....ANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 NOTIFICATION NO. FEMA 100 /2003-RB DATED October 3, 2003 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 23.10.2003 - G.S.R. No. 835(E) In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6, Section 47 of the Foreign Exchange Management Act, 199....
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....ulation 2, after clause (ii) the following clause shall be inserted, '(iia) 'entity incorporated outside India' means an entity incorporated/registered under the relevant statutes, laws of the host country'. ii. in Regulation 5, sub-regulation (1),for the words 'or an entity outside India, whether incorporated or not,' the words 'or an entity incorporated outside India,' shall be substituted. ....