| FOREIGN CONTRIBUTION (REGULATION) ACT, 1976 |
Prelimary - Regulation of Foreign Contribution And Foreign Hospitality
(c) "foreign contribution" means the donation, delivery or transfer made by any foreign source-(i) of any article, not being an article given to a person as a gift for his personal use, if the market value, in India, of such article, on the date of such gift, does not exceed one thousand rupees,(ii) of any currency, whether Indian or foreign;(iii) of any foreign security as defined in clause (i) of section 2 of the Foreign Exchange Regulation Act, 1973 (46 of 1973).1[Explanation: A donation, delivery or transfer of any article, currency or foreign security referred to in this clause by any person who has received it from any foreign source, either directly or through one or more persons, shall also be deemed to be foreign contribution within the meaning of this clause;]
(d) "foreign hospitality" means any offer, not being a purely casual one, made by a foreign source for providing a person with the costs of travel to any foreign country or territory or with free board, lodging, transport or medical treatment;
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