Foreign Exchange Management (Guarantees) (Second Amendment) Regulations, 2009

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.... (CENTRAL OFFICE) NOTIFICATION Mumbai, the 27th February 2009 Foreign Exchange Management (Guarantees) (Second Amendment) Regulations, 2009 G.S.R. 298(E). - In exercise of the powers conferred by clause (j) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act,1999 (42 of 1999), the Reserve Bank hereby makes the following amendments....

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....to a person resident outside India in connection with payment of margin money in respect of approved commodity hedging transaction of such person residing in India subject to such terms and conditions as may be stipulated by the Reserve Bank from time to time" [No. FEMA 189/RB-2009] SALIM GANGADHARAN Chief General Manager -in- Charge Footnote : -1. @ It is clarified that no person will be....