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Section 16

the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999. Last amended on March 06, 2017Central Regulations · 1992

(1) A 35 [collective investment scheme] shall be constituted in the form of a trust and the instrumentof trust shall be in the form of a deed duly registered under the provisions ofthe Indian Registration Act, 1908 (16 of 1908) executed by the CollectiveInvestment Management Company in favour of the trustees named in suchan instrument.

31 Substituted by the SEBI (Collective Investment Schemes) (Amendment) Regulations, 2014,w.e.f. 9-1-2014.

32ibid.

33ibid.

34ibid.

35ibid.

Appointment of trustees

(2) A Collective Investment Management Company shall appoint a trusteewho shall hold the assets of the 36 [collective investment scheme] for the benefit of unit holders.

Contents of trust deed

Where this provision sits

Actthe Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999. Last amended on March 06, 2017
Section16
JurisdictionCentral
StatusIn force as published by the source

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