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Securities and Exchange Board of India (Portfolio Managers) (Third Amendment) Regulations, 2021. - SEBI/LAD-NRO/GN/2021/31 - SEBI

Extract

..... India hereby makes the following regulations to further amend the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020, namely:- 1. These Regulations may be called the Securities and Exchange Board of India (Portfolio Managers) (Third Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020,- I. In sub-regulation (1) of reg .....

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Securities and Exchange Board of India (Portfolio Managers) (Third Amendment) Regulations, 2021. - SEBI/LAD-NRO/GN/2021/31 - SEBI

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..... (1), the following proviso shall be inserted, namely,- “Provided that the contents of agreement specified under Schedule IV of these regulations shall not apply to the agreement between the portfolio managers and the large value accredited investors.” III. In sub-regulation (2) of regulation 23, after the first proviso, the following proviso shall be inserted, namely, - “Provided further that subject to appropriate disclosures in the disclosure document and the terms agreed bet .....

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Securities and Exchange Board of India (Portfolio Managers) (Third Amendment) Regulations, 2021. - SEBI/LAD-NRO/GN/2021/31 - SEBI

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