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[Cites 0, Cited by 0] [Section 9] [Entire Act]

Union of India - Subsection

Section 9(2) in The Foreign Exchange Regulation Act, 1973

(2)Nothing in sub-section (1) shall render unlawful-
(a)the making of any payment already authorised either with foreign exchange obtained from an authorised dealer or a money-changer under section 8 or with foreign exchange retained by a person in pursuance of an authorisation granted by the Reserve Bank;
(b)the making of any payment with foreign exchange received by way of salary or payment for services not arising from any business in, or anything done while in, India.