Foreign Exchange Laws definition

Foreign Exchange Laws means the foreign exchange laws and regulations of the country of domicile of the Merchant.
Foreign Exchange Laws means (a) the Foreign Exchange Management Act, 1999 (or other similar laws) of India and regulations issued thereunder; (b) circulars, notifications, regulations and other Laws issued by the Reserve Bank of India on foreign investment in India from time to time; (c) circulars, notifications, regulations and other laws applicable to foreign investment in any jurisdiction (inside or outside India) where any Group Company or Subject Associate Company operates, invests, holds assets or undertakes Business from time to time; and/or (d) the consolidated foreign direct investment policy and press notes issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India (as updated from time to time);
Foreign Exchange Laws means the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 read with the Consolidated FDI Policy (effective from 15 October 2020) issued by the Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India, as amended from time to time;

Examples of Foreign Exchange Laws in a sentence

  • Over the past five (5) years or such other timeframe as specified in Section 2.20, no Action, hearing, charge, complaint, or written notice has been filed or commenced against the Company alleging any failure to comply with the Export Laws or Foreign Exchange Laws.


More Definitions of Foreign Exchange Laws

Foreign Exchange Laws means: (i) the Foreign Exchange Management Act, 1999 of India and regulations issued thereunder; (ii) circulars, notifications, master directions, regulations and other laws issued by the Reserve Bank of India on foreign investment in India from time to time including Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 and Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019; and (iii) the consolidated Foreign Direct Investment Policy and press notes issued by the Department for Promotion of Industry and Industrial Trade, Ministry of Commerce and Industry, Government of India (as updated from time to time);
Foreign Exchange Laws means the Foreign Exchange Management Act, 1999, and rules, regulations and directions issued thereunder including the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019;
Foreign Exchange Laws means the Foreign Exchange Management Act, 1999, the rules and regulations framed thereunder, the circulars and press notes issued by the Department for Promotion of Industry and Internal Trade / Reserve Bank of India in relation to such act, rules and regulations, and the consolidated foreign direct investment policy issued by the Government of India, as may be amended, modified, supplemented or re- enacted from time to time;
Foreign Exchange Laws is defined in Section 2.19(b).
Foreign Exchange Laws means the Foreign Exchange and Foreign Trade Act of Japan, the Act on Prevention of Transfer of Criminal Proceeds of Japan, and other related laws and regulations of Japan or other countries applicable to the International Money Transfer Service or Money Transfer Transactions or remittances to receivers or crediting of amounts to the Receiver’s Bank Account thereunder, and includes the policies, orders, instructions, recommendations, notices, guidelines, etc. issued by the relevant authorities, agencies, organizations, associations, etc. (hereinafter collectively referred to as the “Relevant Authorities”).