Home India Reserve Bank of India G.S.R.No.504(E) - 12.05.2016...
Date: 2016-05-12 Category: Not Applicable State: Union Government Country: India

G.S.R.No.504(E) - 12.05.2016

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

This corrigendum, issued by the Reserve Bank of India (RBI), Foreign Exchange Department on May 12, 2016, pertains to Notification No. FEMA 11R2015RB, dated December 29, 2015, published in the Gazette of India as G.S.R. 1006(E). The correction modifies Regulation 4 of the original notification by replacing the reference to clause "iv of Regulation 3" with "iii of Regulation 3" in both the Hindi and English versions. All other contents of the original Gazette Notification remain unchanged. Shekhar Bhatnagar, Chief General Manager-in-Charge, authorized the issuance of this corrigendum, which was published in the Official Gazette of the Government of India, Extraordinary, Part II, Section 3, Sub-section (i) dated May 12, 2016, under G.S.R. No. 504(E). The issuing department is the Foreign Exchange Department, Central Office, Mumbai 400 001.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for regulating the country's monetary policy and foreign exchange. Foreign Exchange Department: A department of the Reserve Bank of India dealing with foreign exchange regulations. Mumbai, Maharashtra: The city in which the Central Office of the Reserve Bank of India is located. FEMA 11R2015RB: Reference to a specific notification related to the Foreign Exchange Management Act (FEMA). December 29, 2015: Date of the original notification being amended. Gazette of India: The official government gazette of India, in which notifications and regulations are published. Shekhar Bhatnagar: Chief General Manager-in-Charge at the Reserve Bank of India, who is responsible for the publication of the corrigendum. G.S.R. 1006E: Reference number assigned to the original Gazette Notification.
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Reserve Bank of India Foreign Exchange Department Central Office Mumbai - 400 001 May 12, 2016 CORRIGENDUM In the Notification of Reserve Bank of India, Foreign Exchange Department, No. FEMA 11(R)/2015-RB, dated December 29, 2015 bearing G.S.R. 1006(E) and published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i) (hereinafter referred as Gazette Notification):- (i) under Regulation 4 of the Gazette Notification in Hindi and English version, in first line, for “clause (iv) of Regulation 3” read “clause (iii) of Regulation 3”. 2. The other contents of the Gazette Notification shall remain unchanged. (Shekhar Bhatnagar) Chief General Manager-in- Charge Published in the Official Gazette of Government of India – Extraordinary – Part-II, Section 3, Sub-Section (i) dated 12.05.2016- G.S.R.No.504(E)

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