Amendment status not verified — confirm the current text below against the official source.
( I ) Every person who has been granted a certscate or given prior permission Foreign under d o n 12 sbaM receive foreigb contribution in a single account only through such G~nrributiofl through one of the branches of a b& its he may spwifl in his application for grant of ce~fica& Provided that such person may open one or more accounts in one or more banks for bank. utilising the foreign contribution d v e d by him: I. 12 - THE GAZETTE OF LNDIA EXTIWORDWARY Ip~wll- * Provided further that no W s oth&&m fixeign contribution shall be received or deposited ia such account or accounts. (2) Every bank or authorisad person in firreign exchange h l l report to such aulorIty as may be specifid- (a) m i b e d amount of foreign rdthnce; (6) the source and manner in which the foreign remittance w a received; and (c) other particulars, in such form and manner as may be prescribed. ' ~nhmation.