TMI BlogSecurities And Exchange Board Of India (Mutual Funds) (Amendment) Regulations, 2009.X X X X Extracts X X X X X X X X Extracts X X X X ..... urities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2009. 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 (Mutual Funds) Regulations, 1996 (i) in regulation 18, in sub-regulation (4) - (a) in clause (g), the mark . occurring at the end shall be substituted with mark ; ; (b) after clause (g), the following clause shall be inserted, namely:- (h) obtained, wherever required under these regulations, prior in principle approval from the recognised stock exchange(s) where units are proposed to be listed. (ii) in regulation 25, after sub-regulation (2), the following sub-regulation shall be inserted, namely:- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... details of such repurchase facility are clearly disclosed in the offer document; or (d) if the said scheme opens for repurchase within a period of six months from the closure of subscription; or (e) if the said scheme is a capital protection oriented scheme. (v) in regulation 33,- (a) for sub-regulation (1), the following sub-regulation shall be substituted, namely:- (1) Units of a close ended scheme, other than those of an equity linked savings scheme, launched on or after the commencement of the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2009 shall not be repurchased before the end of maturity period of such scheme. (b) sub-regulation (2A) shall be omitted. (vi) for regulat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... substituted with the words A unit . (b) after sub-regulation (1), the following sub-regulation shall be inserted, namely:- (1A) A unitholder, in a close ended scheme listed on a recognized stock exchange, who desires to trade in units shall hold units in dematerialised form. (viii) after regulation 42, the following regulation shall be inserted, namely:- Delisting of units. 42A. The units of a mutual fund scheme shall be delisted from a recognised stock exchange in accordance with the guidelines as may be specified by the Board. (ix) in regulation 48, in sub-regulation (2), for the existing proviso, the following proviso shall be substituted, namely:- Provided that the Net Asset Value of a close ended scheme, o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (xiii) in regulation 52, in sub-regulation (4), in clause (b) (a) for sub-clause (xii-b), inserted by the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2008 vide F. No. LAD-NRO/GN/2008/03/123042, the following renumbered subclause shall be substituted, namely:- (xii-c) in case of a real estate mutual fund scheme, insurance premia and costs of maintenance of the real estate assets (excluding costs of development of such assets) over and above the expenses specified in regulation 52 to the extent disclosed in the offer document; (b) after the substituted sub-clause (xii-c), the following sub-clause shall be inserted, namely:- (xii-d) listing fees, in case of schemes listed on a recognised sto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lations, 1999 vide S.O. No.1223(E). (d) on March 14, 2000 by the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2000 vide S.O. No.235 (E). (e) on March 28, 2000 by the Securities and Exchange Board of India (Appeal to the Securities Appellate Tribunal) (Amendment) Regulations, 2000 vide S.O. No.278(E). (f) on May 22, 2000 by the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2000 vide S.O. No.484 (E). (g) on January 23, 2001 by the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2001 vide S.O. No.69 (E). (h) on May 29, 2001 by the Securities and Exchange Board of India (Investment Advice by Intermediaries) (Amendmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gulations, 2006 vide S.O.No. 38(E). (s) on May 22, 2006 by the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2006 vide S.O.No. 783(E). (t) on August 3, 2006 by the Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2006 vide S.O.No. 1254(E). (u) on December 27, 2006 by the Securities and Exchange Board of India (Mutual Funds) (Fourth Amendment) Regulations, 2006 vide F. No.SEBI/LAD/DOP/82534/2006. (v) on December 27, 2006 by the Securities and Exchange Board of India (Mutual Funds) (Fifth Amendment) Regulations, 2006 vide F. No. SEBI/LAD/DOP/83065/2006. (w) on May 28, 2007 by the Securities and Exchange Board of India (Mutual Funds) (Amendment ..... X X X X Extracts X X X X X X X X Extracts X X X X
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