Form A4 should be completed in respect of operations on NRE accounts which call for either a report to or approval of Reserve Bank. Forms requiring approval should be completed in duplicate and submitted to Reserve Bank. If the transaction is approved, one copy of the form will be returned to authorised dealer with the approval of Reserve Bank marked thereon. The debit or credit entry in the relative account may be made only after receipt of the approval. However, in all cases where form A4 is required to be filled in/approved, the duly filled in/approved forms should be retained with authorised dealers for scrutiny at the time of audit/inspection.