MANU/APDR/0027/2016
Ministry : Reserve Bank of India
Department/Board : RBI A.P. DIR (Series)
Circular No. : A. P. (DIR Series) Circular No. 63
RBI/2015-2016/377
Date : 21.04.2016
Notification/ Circulars Referred : Notification No. FEMA 1/2000-RB dated May 3, 2000 MANU/RFEM/0013/2000;Notification No. FEMA 20/2000-RB dated May 3, 2000 MANU/RFEM/0012/2000;Notification No. FEMA 345/2015-RB dated November 16, 2015 MANU/RFEM/0030/2015;Notification No. FEMA 355/2015-RB dated November 16, 2015 MANU/RFEM/0031/2015;Notification No. FEMA 362/2016-RB dated February 15, 2016 MANU/RFEM/0007/2016
Citing Reference:
Notification No. FEMA 1/2000-RB dated May 3, 2000 MANU/RFEM/0013/2000 Referred
Notification No. FEMA 20/2000-RB dated May 3, 2000 MANU/RFEM/0012/2000 Referred
Notification No. FEMA 345/2015-RB dated November 16, 2015 MANU/RFEM/0030/2015 Referred
Notification No. FEMA 355/2015-RB dated November 16, 2015 MANU/RFEM/0031/2015 Referred
Notification No. FEMA 362/2016-RB dated February 15, 2016 MANU/RFEM/0007/2016 Referred
To
All Category - I Authorised Dealer Banks
Madam/ Sir,
Foreign Investment in units issued by Real Estate Investment Trusts, Infrastructure Investment Trusts and Alternative Investment Funds governed by SEBI regulations
Attention of Authorised Dealers Category - I (AD Category - I) banks is invited to the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations 2000, notified vide Notification No. FEMA 1/2000-RB dated May 3, 2000, as amended from time to time and Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide Notification No. FEMA 20/2000-RB dated May 3, 2........