Section 20

Transactions in foreign currency.

The International Financial Services Centres Authority Act, 2019

  • Act 50 of 2019
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto.

All sections
    Every transaction of financial services in an International Financial Services Centre shall be in such foreign currency as may be specified by regulations in consultation with the Central Government.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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