Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India)(Fourth Amendment) Regulations, 2003

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....IA  (Exchange Control Department) CENTRAL OFFICE NOTIFICATION No. FEMA 106 /2003-RB Mumbai, dated the 27th October, 2003 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 22.11.2003 G.S.R. No. 899(E).-In exercise of the powers conferred by clause (b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange ....

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....ragraph 2, after sub-paragraph (2), the following sub-paragraph shall be added, namely:- '(3) A Multilateral Development Bank which is specifically permitted by Government of India to float rupee bonds in India may purchase Government dated securities.' (b) In paragraph 3, after sub-paragraph (3) the following sub-paragraph shall be added, namely :- '(4) A Multilateral Developmen....