Bare ActsForeign Exchange Regulation Act, 1973

Section 18A

Payment for lease, hire or other arrangement

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

No person shall, except with the general or special permission of the Reserve Bank, take or send out by land, sea or air any goods from India to any place on lease or hire or under any arrangement other than sale or disposal in any other manner of such goods.] Ins. by Act 29 of 1993, sec. 7 (w.e.f. 08/01/1993).

Section 18A – Foreign Exchange Regulation Act, 1973 | DailyLaw.ai