Amendment of Act 15 of 1992.

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..... shall be inserted with effect from the 1st day of April, 2021, namely: (1C) No person shall sponsor or cause to be sponsored or carry on or cause to be carried on the activity of an alternative investment fund or a business trust as defined in clause (13A) of section 2 of the Income-tax Act, 1961, (43 of 1961.) unless a certificate of registration is granted by the Board in accordance with .....

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