Bhutan - Law Dictionary Search Results
Home Dictionary Name: bhutanForeign exchange derivative contract
Foreign exchange derivative contract, means a financial transaction or an arrangement in what-ever form and by whatever name called, whose value in derived from price movement in one or more underlying assets, and includes:-(a) a transaction which involves at least one foreign currency other than currency of Nepal or Bhutan, or(b) a transaction which involves at least one interest rate applicable to a foreign currency not being a currency of Nepal or Bhutan, or(c) a forward contract, but does not include foreign exchange transaction for Cash or Tom or Spot deliveries. [Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000, Reg. 2 (v)]...
Bhutan
a principality in the Himalayas northeast of India...
Bhutanese
a native or inhabitant of Bhutan...
A person of Indian origin
A person of Indian origin. It means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan) who-(i) at anytime, held Indian passport; or (ii) who or either of whose father or whose grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955. [Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000, R. 2 (c)]...
Foreign currency account
Foreign currency account, means the account held or maintained in currency other than the currency of India or Nepal or Bhutan. [Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2000, Reg. 2 (iii)]...
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