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FOREIGN EXCHANGE MANAGEMENT ACT, 1999

DEFINITIONS

Authorised Person means an authorised dealer, money changer, off-shore banking unit or any other person for the time being authorised under sub-section (1) of section 10 to deal in foreign exchange or foreign securities. Capital Account Transaction means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons resident outside India and includes transactions referred to in sub-section (3) of section 6. Exports means (i) the taking out of India to a place outside India any goods, (ii) provision of services from India to any person outside India. Imports means bringing into India any goods or services.

Current Account transactions means a transaction other than a capital account transaction and without prejudice to the generality of the foregoing such transaction includes Payments due in connection with foreign trade, other current business, services and short term banking and credit facilities in the ordinary course of business Payments due as interest on loans and as net income from investments Remittances for living expenses of parents, spouse and children residing abroad and Expenses in connection with foreign travel, education and medical care of parents, spouse and children.

(i)

(ii)

(iii)

(iv)

Person includes An individual A HUF A Company A Firm An association of persons or a body of individuals, whether incorporated or not, Every artificial juridicial person, not falling within any of the preceding sub-clauses Any agency, office or branch owned or controlled by such person.

(i) (ii) (iii) (iv) (v)

(vi)
(vii)

(i)

Person resident in India means A person residing in India for more than 182 days during the course of the financial year but does not include A person who has gone out of India or who stays outside India, in either case (a) for or on taking up employment outside India, or (b) for carrying on outside India a business or vocation outside India for any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period.

(A)

(B)

A person who has come to or stays in India, in either case, otherwise than -

(a) for or on taking up employment in India or, (b) for carrying on in India a business or vocation in India, or for any other purpose, in such circumstances as would indicate his intention to stay in India for an uncertain period. (ii) Any person or body corporate registered or incorporated in India (iii) An office, branch or agency in India owned or controlled by a person resident outside India (iv) An office, branch or agency outside India owned or controlled by a person resident in India.

Overseas Corporate Body means a company, partnership firm, society and other corporate body owned directly or indirectly to the extent of at least 60% by NRIs and includes overseas trust in which not less than 60 % beneficial interest is held by NRIs directly or indirectly but irrevocably. Person of Indian Origin means a citizen of any country other than Bangladesh or Pakistan, if He at any time held Indian Passport or, He or either of his parents or any of his grand-parents was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 or, The person is a spouse of an Indian citizen or a person referred to in sub-clause (a) or (b)

(a) (b)

(c)

Offshore Banking Unit The banks in India may open a Offshore Banking Unit in the SEZ which will be treated as a branch of a bank subject to the condition that it holds an authorisation under clause (a) of sub-section (1) of section 23 of the Banking Regulation Act, 1949 and subject to the guidelines stated hereunder: The OBU shall not be regarded as an authorised dealer for the purpose of FEMA, rules or regulations thereunder An OBU shall not conduct any activity or undertake any transaction with residents in India An OBU may undertake foreign exchange transactions with any authorised dealer in India only on principal to principal business An OBU may undertake transactions in foreign exchange with a unit located in SEZ to the extent the latter is eligible to enter into or undertake such transaction, within the ceilings and subject to the conditions specified in the Regulations governing such transaction Engagement of OBU in any of the forms of business specified in subsection (1) of section 6 of the Banking Regulation Act, 1949 shall be only in foreign exchange.

1. 2.

3.
4.

5.

Authorised Money changers - In order to provide facilities for encashment of foreign currency to visitors from abroad, especially foreign tourists, RBI has granted licenses to certain established firms, hotels and other organisations permitting them to deal in foreign currency notes, coins and travellers cheques subject to directions issued to them from time to time under section 10 of FEMA, 1999.
Full fledged Money changers They are authorised to undertake both purchase and sale of foreign currency notes, coins and travellers cheques from/to Indian public including visitors from abroad. Restricted Money changers Restricted money changers may accept payment in foreign currency notes/coins and travellers cheques to meet cost of goods / services rendered to the customers. They are also permitted to accept foreign currency notes/coins and travellers cheques freely from any person for conversion into rupees. However they are not permitted to sell foreign currency notes and coins to public.

Section 3 Dealing in Foreign Exchange

Save as otherwise provided in this Act, rules or regulations made thereunder, or with the general or special permissions/special permission of the RBI, no person shall Deal in or transfer any foreign exchange or foreign security to any person not being an authorised person. Make any payment to or for the credit of any person resident outside India in any manner Receive otherwise through an authorised person, any payment by order or on behalf of any person resident outside India in any manner; Enter into any financial transaction in India as consideration for or in association with acquisition or creation of transfer of right to acquire, any asset outside India by any person.

(a) (b) (c)

(d)

Section 4 No person resident in India shall acquire, hold, own possess or transfer any forex, foreign security or any immovable property situated outside India except as provided in this Act.

Section 8 Except as otherwise provided in this Act, where any amount of foreign exchange is due or has accrued to any person resident in India, such person shall take all reasonable steps to realise and repatriate to India such foreign exchange within such period and in such manner as may be specified by the RBI.

Section 9 The provisions of section 4 & 8 shall not apply to the following, namely
(a) (b) (c)

(d)

(e)

(f)

Possession of foreign currency or foreign coins by any person up to such limit as the RBI may specify; Foreign currency account held or operated by such person or class of persons and the limit up to which the RBI may specify; Foreign exchange acquired or received before the 8th day of July, 1947 or any income arising or accruing thereon which is held outside India by any person in pursuance of a general or special permission granted by the RBI. Foreign exchange held by a person resident in India up to such limits as the RBI may specify, if such forex was acquired by way of gift or inheritance from a person referred to in clause , including any income arising thereon. Foreign exchange acquired from employment, business, trade, vocation, services, honorarium, gifts, inheritance or any other legitimate means up to such limit as RBI may specify Such other receipts in forex as the RBI may specify.

FOREX TRANSACTIONS WITH PUBLIC

There are no restrictions on receipt of foreign exchange in India from any foreign country through authorised dealers in India. RBI has also permitted any person to : Send into India without limit foreign exchange in any form other than currency notes, bank notes and travellers cheques. Bring into India from any place outside India without limit foreign exchange provided that bringing of foreign exchange into India shall be subject to the condition that such person makes on arrival in India, a declaration to the custom authorities in Currency Declaration Form and provided further that it shall not be necessary to make such declaration where the aggregate value of the foreign exchange in the form of currency notes, bank notes or travellers cheques brought in by such person at any one time does not exceed US $ 10,000 or its equivalent and/or he aggregate value of foreign currency notes brought in by such person at any one time does not exceed Us $ 5000.

(a)

(b)

Taking out foreign exchange in any form, other than foreign exchange obtained from an authorised dealer or a money changer is prohibited unless it is covered by a general or special permission of Reserve Bank. Non-residents, however have general permission to take out an amount not exceeding the amount originally brought in by them subject to compliance with the provisions of sub-para (b) above.

POSSESSION & RETENTION OF FOREX

RBI has specified the following limits for possession or retention of foreign currency or foreign coins Possession without limit of foreign currency and coins by an authorised person within the scope of his authority. Possession without limit of foreign coins by any person Retention by a person resident in India of foreign currency notes, bank notes and foreign currency travellers cheques not exceeding US $ 2000 or its equivalent in aggregate, provided that such forex in the form of currency notes, bank notes and travellers cheques;

i) ii) iii)

a) was acquired by him while on a visit to any place outside India by way of payment for services not arising from any business in or anything done in India.

b) was acquired by him from any person not resident in India and who is on a visit to India, as honorarium or gift or for services rendered or in settlement of any lawful obligation. c) was acquired by him by way of honorarium or gift while on a visit to any place outside India d) represents unspent amount of foreign exchange acquired by him from an authorised person for travel abroad.

Capital Account Transactions


Subject to the provisions of sub-section (2), any person may sell or draw foreign exchange to or from an authorised person for a capital account transaction.

(1)

(2)
(a) (b)

The RBI may in consultation with the Central Government , specify


Any class or classes of capital account transactions which are permissible; The limit up to which foreign exchange shall be admissible for such transactions Without prejudice to the generality of the provisions of sub-section (2), the Reserve Bank may, by regulation, prohibit, restrict or regulate the following Transfer or issue of any foreign security by a person resident in India Transfer or issue of any security by a person resident outside India Transfer or issue of any security or foreign security by any branch, office or agency in India of a person resident outside India.

(3)
(a)

(b)
(c)

(d)

Any borrowing or lending in foreign exchange in whatever form or by whatever name called
Any borrowing or lending in rupees in whatever form or by whatever name called between a person resident in India and a person resident outside India Deposits between persons resident in India and persons resident outside India

(e)

(f)

(g)
(h)

export, import or holding of currency or currency notes;


Transfer of immovable property outside India, other than a lease not exceeding 5 years by a person resident in India Acquisition or transfer of immovable property in India, other than a lease not exceeding 5 years, by a person resident outside India

(i)

(j)

Giving of a guarantee or surety in respect of any debt, obligation or other liability incurred(i) by a person resident in India and owed to a person resident outside India or (ii) by a person resident outside India

(4)

A person resident in India may hold, own, transfer or invest in foreign currency, foreign security or any immovable property situated outside India if such currency, security or property was acquired, held or owned by such person when he was resident outside India or inherited from a person when he was resident outside India or inherited from a person who was resident outside India. A person resident outside India may hold, own, transfer or invest in Indian currency, security or any immovable property situated in India if such currency, security or property was acquired, held or owned by such person when he was resident in India or inherited from a person who was resident in India.

(5)

Section 7 Export of goods and services


(1)

Every exporter of goods shall (a) Furnish to RBI or to such other authority a declaration in such form and in such manner as may be specified, containing true and correct material particulars, including the amount representing the full export value or, if the full export value of the goods is not ascertainable at the time of export, the value which the exporter having regard to the prevailing market conditions, expects to receive on the sale of the goods in a market outside India. (b) Other information required by the RBI

(2)

The RBI may for the purpose of ensuring that the full export value of the goods or such reduced value of goods as the RBI determines, having regard to the prevailing market conditions is received without any delay, direct any exporter to comply with such requirements as it deems fit.

Acquisition & transfer of property in India by an Indian citizen resident outside India NRI citizen has been given general permission to Acquire any immovable property in India other than agricultural / plantation /farm house and Transfer any immovable property in India to a person resident in India Transfer any immovable property other than agricultural or plantation property or farm house to a person resident outside India who is a citizen of India or to a person of Indian origin resident outside India.

(a)

(b)

Acquisition & transfer of property in India by a person of Indian origin NRI holding foreign passport has been given general permission to (a) acquire any immovable property other than agricultural land / farm house / plantation property in India by purchase, from out of (i) funds received in India by way of inward remittance from any place outside India or (ii) funds held in any non-resident account maintained in accordance with the provisions of the FEMA and the regulations made by the RBI under FEMA. acquire any immovable property in India other than agricultural land /farm house /plantation property by way of gift from a person resident in India or from a person resident outside India who is a citizen of India or from a person of Indian origin resident outside India. acquire any immovable property in India by way of inheritance from a person resident outside India who had acquired such property in accordance with the provisions of the forex law in force at the time of acquisition by him from a person resident in India.

(b)

(d)

Transfer any immovable property in India other than agricultural land / farm house / plantation property by way of sale to a person resident in India .

(e)

Transfer any agricultural land/ farm house/ plantation property in India, by way of gift or sale to a person resident in India who is a citizen of India.
Transfer residential or commercial property in India by way of gift to a person resident in India or to a person resident outside India who is a citizen of India or to a person of Indian origin.

(f)

Acquisition of Immovable Property for carrying on a permitted activity A branch or office in India of a foreign entity other than a liaison office has been permitted to acquire immovable property which is necessary for or incidental to the activity carried on in India by such branch or office subject to the terms and conditions mentioned hereunder: (i) all applicable laws, rules, regulations or directions for the time being in force are duly complied with (ii) the person files with the RBI a declaration in Form IPI not later than 90 days from the date of such acquisition. Such property can also be mortgaged to an authorised dealer as a security for any borrowing by a branch or office.

Purchase/Sale of Immovable property by foreign embassies / diplomats / consulate general RBI has been given general permission to foreign embassies / diplomats / consulate general to purchase / sell immovable property in India other than agricultural land / plantation property / farm house provided (i) clearance from GOI, MEA is obtained for such purchase / sale and (ii) consideration for acquisition of immovable property in India is paid out of funds remitted from abroad through banking channel.

No person being a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan shall acquire or transfer immovable property in India, other than lease, not exceeding 5 years without permission of RBI.
Foreign nationals of non-Indian origin resident outside India are not permitted to acquire any immovable property in India unless such property is acquired by way of inheritance from a person who was resident in India.

Foreign Nationals of non Indian origin who have acquired immovable property in India with the specific approval of the RBI cant transfer such property without prior permission of the RBI. Repatriation of sale proceeds of immovable property The remittance facility in respect of sale proceeds of immovable property is not available to a citizen of Pakistan, Bangladesh, Sri Lanka, China, Afghanistan, Iran, Nepal and Bhutan.

There is no lock-in period for sale of residential property purchased by NRI / PIO out of foreign exchange. However repatriation of sale proceeds of residential property purchased by NRI / PIO out of foreign exchange is restricted to not more than 2 properties.
Authorised dealers have been permitted to allow remittance of sale proceeds of property other than agricultural / plantation property or a farm house to an Indian citizen resident outside India or a PIO who has sold the property in India subject to the terms and conditions stipulated hereunder -

(i)

The immovable property was acquired by the seller as per the provisions of the forex law in force at the time of acquisition by him or the provisions of Regulations issued by the RBI. RBI has removed the existing lock-in period for repatriation of sale proceeds of immovable property purchased in India by NRIs / PIOs. The amount to be repatriated does not exceed (a) the amount paid for acquisition of the immovable property in foreign exchange received through normal banking channels or out of funds held in foreign currency non resident account or (b) the foreign currency equivalent, as on the date of payment, of the amount paid where such payment was made from the funds held in Non resident External Account of the property. In the case of residential property, the repatriation of sale proceeds is restricted to not more than 2 such properties.

(ii)

(iii)

(iv)

Import of foreign exchange into India RBI has granted general permission to any person To send in India without limit foreign exchange in any form other than currency notes, bank notes and travellers cheques; Bring into India from any place outside India without limit foreign exchange Provided that bringing of foreign exchange into India under clause (b) shall be subject to the condition that such person makes on arrival in India, a declaration to the custom authorities in Currency Declaration Form (CDF) Provided further that it shall not be necessary to make such declaration where the aggregate value of the foreign exchange in the form of currency notes, bank notes or travellers cheques brought in by such a person at one point of time does not exceed US $ 10,000 or its equivalent and/or the aggregate value of foreign currecny notes brought in by such person at any one point of time does not exceed US $ 5000 or its equivalent.

(a) (b)

Export of foreign exchange and currency notes RBI has granted general permission to following categories of persons to export foreign exchange and currency notes : An authorised person may send out of India foreign currency acquired in the normal course of business. Any person may take or send out of India : (i) Cheques drawn on foreign currency account maintained in accordance with Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 (ii) foreign exchange obtained by him by drawal from an authorised person in accordance with the provisions of the Act. (iii) currency in the safes of vessels or aircrafts which has been brought into India or which has been taken on board a vessel or aircraft with the permission of RBI.

(1)

(2)

Place of Business in India by Foreign Entities

No person resident outside India shall without the prior approval of RBI, establish in India a branch or a liaison office or a project office or any other place of business by whatever name called. No person being a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, Iran or China without the prior permission of RBI, shall establish in India, a branch or liaison office or a project office or any other place of business by whatever name called. Provided that no approval shall be necessary from RBI for a company to establish a branch/unit in SEZs to undertake manufacturing and services activities.

RBI has granted general permission to a foreign entity for setting up a project office in India subject to the following conditions:
It has secured from an Indian company a contract to execute a project in India The project is funded by inward remittance from abroad The project is funded by a bilateral or multilateral International Finance agency The project has been cleared by an appropriate authority A company or entity in India awarding the contract has been granted term loan by a PFI or bank in India for the project. The foreign company shall furnish a report to the concerned Regional Office of RBI under whose jurisdiction the project office is set up comprising the following details: Name and address of the foreign company Particulars of authority awarding the project Amount of contract, Address and tenure of project office

(1) (2)

(3)
(4) (5)

(a) (b) (c)

(d)

Nature of project undertaken

The project office established in terms of the above provisions may approach the Regional offices of RBI for granting permission for opening Foreign Currency Accounts, if required. Such application may be accompanied by the following details : The reason for opening a foreign currency account
The excerpts of contract of the concerned project office to ascertain whether it provides for payment/receipt of funds in foreign currency. The total amount involved therein The RBI has granted general permission to foreign entities to remit the surplus on winding up/ completion of projects through Authorised dealers.

(1)
(2)

(3) (4)

RBI has granted general permission to a foreign entity for setting up a branch office/Units in SEZ in India subject to the following conditions:
1. such units are functioning in those sectors where 100% FDI is permitted such units comply with PART XI of the Companies Act, 1956 such units function on a stand alone basis in the event of winding up of business and for remittance of winding up proceeds, the branch unit shall approach an AD with the following documents viz. (a) Auditors certificate, (i) indicating the manner in which the remittable amount has been arrived and supported by a statement of assets and liabilities of the applicant.

2. 3. 4.

(ii)

confirming that all liabilities in India including arrears of gratuity and other benefits to employees etc. of the branch office have been either fully met or adequately provided for;

(iii) conforming that no income accruing from sources outside India has remained unrepatriated to India. (b) No-objection or tax clearance certificate from Income Tax authority for the remittance and confirmation from the applicant that no legal proceedings in any court in India are pending.

Stand alone basis means such branch offices would be isolated and restricted to the Special Economic Zone and no business activity will be allowed outside the SEZ in India which includes branches, subsidiaries of its parent office in India.

List of activities which may be undertaken by a branch office in India


- Export / Import of goods - Rendering professional or consultancy services - Carrying out research work - Promoting technical or financial collaborations between Indian companies and parent or overseas group company. - Representing the parent company in India and acting as buying/selling agent in India - Rendering services in Information Technology and development of software services. - Rendering technical support to the products supplied by parent / group companies - Foreign airline / shipping company.

List of activities which may be undertaken by a liaison office in India A person resident outside India permitted by the RBI to establish a liaison office in India may undertake or carry on any activity specified hereunder: (i) (ii) Representing in India the parent company / group companies Promoting export import from / to India

(iii) Promoting technical / financial collaborations between parent / group companies and companies in India.

(iv) Acting as a communication channel between the parent company and the Indian Companies.

Liaison office can carry on only liaison activities, i.e. it can act as a channel of communication between Head Office abroad and parties in India. It is not allowed to undertake any business activity in India and cannot earn any income in India. Expenses of such offices are to be met entirely through inward remittances of foreign exchange from the Head Office abroad. The role of such offices is, therefore, limited to collecting information about possible market opportunities and providing information about the company and its products to the prospective Indian customers.

The companies desirous of opening a liaison office in India may make an application in form FNC-1 along with the documents mentioned therein to Foreign Investment Division, Foreign Exchange Department, Reserve Bank of India, Central Office, Mumbai. This form is available at www.rbi.org.in

BANK ACCOUNTS
BANK A/Cs BY PERSONS RESIDENT IN INDIA

Foreign Currency Non Resident (Bank) Account FCNR Account Non Resident External Account NRE Account Non Resident Ordinary Account NRO Account

FOREIGN CURRENCY A/Cs BY RESIDENTS

Exchange Earners Foreign Currency Account EEFC Account

FCNR

NRIs are eligible to open this A/c with an authorised dealer.


These accounts may be opened with funds remitted from outside India through normal banking channels or funds received in Rupees by debit to the account of a non-resident bank maintained with an authorised dealer in India or funds which are of repatriable nature in terms of the regulations made by RBI. Accounts may also be opened by transfer of funds from existing NRE/FCNR Accounts. Remittances from outside India for opening of or crediting to these accounts should be made in the designated currency in which the account is desired to be maintained. If the remittance is in any other currency then it should be converted in the designated currency by the authorised dealer at the cost & risk of the remitter.

Opening of FCNR accounts in the names of individuals/entities of Bangladesh/Pakistani nationality requires prior approval of the RBI. Deposit of funds in the accounts may be accepted in Pound Sterling, US Dollar, Japanese Yen, Euro, Canadian Dollars & Australian Dollars. This Account may be opened in the form of term deposit with a maturity of 5 years.

NRE

The NRIs are authorised to open and maintain NRE Accounts with Ads and with banks (including Co-operative Banks) authorised by the RBI to maintain such account. Opening of NRE Accounts in the names of individuals / entities of Bangladesh/ Pakistan nationality requires approval of the RBI.

The Accounts may be maintained in any form. Eg Savings, Current, Recurring or fixed deposit Account etc.
Permitted Credits -

Proceeds of remittances to India in any permitted currency Transfers from other NRE / FCNR accounts Interest accruing on funds held in the account

Proceeds of personal cheques drawn by the account holder on his foreign currency account and of travellers cheques, bank drafts payable in any permitted currency. Interest on Government securities and dividend on units of MFs provided the securities / units were purchased by debit to the account holders NRE/FCNR Account Refund on application money / purchase consideration made by the house building agencies / seller on account of non allotment of flats, plots, cancellation of bookings, deals for purchase of residential property together with interest, if any, provided the original payment was made out of NRE / FCNR Account. Permitted Debits

Local disbursements Remittances outside India

Transfer to NRE / FCNR accounts of the account holder or any other person eligible to maintain such account.

Investment in shares/securities/commercial paper of an Indian company or for purchase of immovable property in India.
Any other transaction if covered under general or special permission granted by the Reserve Bank.

NRO

Any person resident outside India may open NRO account with an authorised dealer or an authorised bank for the purpose of putting through bonafide transactions denominated in Rupees, not involving any violation of the provisions of FEMA, rules, Regulations made thereunder.
Opening of accounts by individuals / entities of Bangladesh / Pakistan nationality requires prior approval of RBI. NRO Accounts may be opened in the form of current, savings, recurring or fixed deposit accounts. The accounts may be held jointly with residents and/or non-residents.

Permitted Credits

Proceeds of remittances from outside India through normal banking channels received in foreign currency which is freely convertible. Any foreign currency which is freely convertible tendered by the account holder during his temporary visit to India. Foreign currency exceeding USD 5000 or its equivalent in the form of cash should be supported by Currency Declaration Form. Transfers from Rupee Accounts of non-resident banks. Legitimate dues in India of the account holders.

Permitted Debits

All local payments in rupees including payments for investments in India subject to compliance with the relevant regulations made by the Reserve Bank. Remittance outside India of current income like rent, dividend, pension, interest etc, in India of the account holder. Remittance up to USD one million, per financial year for all bonafide purposes, to the satisfaction of the AD bank.

EEFC

A person resident in India may open, hold and maintain with an authorised dealer in India, a foreign currency account to be known as Exchange Earners Foreign Currency Account (EEFC). All EEFC Accounts shall be permitted to be maintained in the form of non-interest bearing current accounts.

RBI has allowed all foreign exchange earners to credit up to 100% of their foreign exchange earnings to credit up to 100% of their foreign exchange earnings (i) inward remittance through normal banking channels (ii) payments received in foreign exchange by a 100% EOU or a unit in (a) EPZ (b) STP Electronic Hardware Technology Park for supply of goods to similar such unit or to a unit in Domestic Tariff Area.

(iii) advance remittance received by an exporter towards export of goods or services. (iv) Professional earnings including directors fees, consultancy fees, lecture fees, honorarium and similar earnings received by a professional by rendering services in his individual capacity. & others.

Permitted Credits

Interest earned on funds held in the account Recredit of unutilised foreign currency earlier withdrawn from the account A portion of inward remittance received by the recepient in foreign exchange subject to the provisions mentioned above

Permitted Debits

Payment of customs duty in accordance with the provisions of Export Import policy of CG for the time being in force. Payment in foreign exchange to a person resident in India for supply of goods including payment for air fare and hotel expense.

Payment outside India towards a current account transaction in accordance with the provisions of the Foreign Exchange Management (Current Account Transaction) Rules, 2000

PROHIBITION ON INVESTMENTS

Investments into India is not permissible in the following cases: 1. 2. 3. 4. 5. 6. 7. 8. 9. Business of chit funds Nidhi Company Agricultural activities Real Estate business Trading in Transferable Development Rights (TDRs) Retail Trading Atomic Energy Lottery Business Gambling & Betting

THANK YOU