Bare ActsThe Foreign Exchange Management Act, 1999

Section 8

Realisation and repatriation of foreign exchange.

Amendment status not verified — confirm the current text below against the official source.

Save as otherwise provided in this Act, where any amount of foreign exchange is due or has accrued to any person resident in India, such person shall take all reasonable steps to realise and repatriate to India such foreign exchange within such period and in such manner as may be specified by the Reserve Bank.

Section 8 – The Foreign Exchange Management Act, 1999 | DailyLaw.ai