RBI/FEMA
 

Rules/Regulations
 

Foreign Exchange Management (Export and Import of Currency) (Amendment)
 

Regulations, 2009 - Amendment in regulation 3 Notification No. GSR 548(E)

[No. FEMA 195/2009-RB], Dated 7-7-2009, Issued by Foreign Exchange Department, RBI

In exercise of the powers conferred by clause (g) 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 ReserveBank of India hereby makes the following amendments in the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 (Notification No. FEMA 6/2000-RB, dated 3rd May, 2000), namely :—

Short title and commencement
1. (i) These regulations may be called as Foreign Exchange Management (Export and Import of
Currency) (Amendment) Regulations, 2009.
(ii) They shall come into effect from the date of their publication in the Official Gazette.
 

Amendment to the regulations
 

2. In the Foreign Exchange Management (Export and Import of Currency) Regulations, 2000
(Notification No. FEMA 6/2000 - RB), dated May 3, 2000, in regulation 3, in sub-regulation
(1),—

       (1) in clause (a), for the figures “Rs. 5,000”, the figures and words “Rs. 7,500 (Rupees seven thousand five hundred only)” shall be substituted;
 

       (2) in clause (c), for the figures “Rs. 5,000”, the figures and words “Rs. 7,500 (Rupees seven thousand five hundred only)” shall be substituted;