FEMA Regulations, 2000
INTRODUCTION In these Regulations, unless the context requires otherwise, —(a) ‘Act’ means, the Foreign Exchange Management Act, 1999 (42 of 1999);(b) “Drawal” means drawal of foreign exchange from an authorised person and includesopening of Letter of Credit or use of International Credit Card or International DebitCard or ATM card or any other thing by whatever…