Rule 72 names the Reserve Bank of India, or another authority authorised under the foreign exchange laws, as the prescribed authority for sections 151(6) and 152(6), with the certificate in Form No. 38.
72
Rules 2026 · Rule 72
Prescribed authority and form of certificate to be furnished under section 151(6) and section 152(6)
Rules 60-76
The rule. For sections 151(6) and 152(6): (a) the prescribed authority is the Reserve Bank of India or another authorised authority under current laws regulating foreign exchange transactions; and (b) the certificate is furnished in Form No. 38.