(i) Applications for remittances on account of legacies, bequests and inheritances to foreign nationals permanently resident outside India should be submitted to Reserve Bank in form LEG together with particulars/documents mentioned therein.

(ii) Legacies and bequests are treated as capital funds in India. Accordingly, where a foreign national is availing of retirement facilities, Reserve Bank will consider requests for transfer of assets bequeathed to or inherited by him only within the quotas laid down from time to time for repatriation of capital assets from India.