(1) The Collective Investment Management Company and the trustee,shall make such disclosures or submit such documents as they may be calledupon by the Board to make or submit.
(2) Without prejudice to the generality of sub-regulation (1), the CollectiveInvestment Management Company on behalf of the 167 [collective investment scheme] shall furnish thefollowing periodic reports to the Board, namely:
(a) copies of the duly audited annual statements of accountincluding the balance sheet and the profit and loss account inrespect of each 168 [collective investment scheme], once a year;
(b) a copy of quarterly unaudited accounts;
(c) a quarterly statement of changes in net assets for each of the 169 [collective investment scheme]s.
164Substituted by the SEBI (Collective Investment Schemes) (Amendment) Regulations, 2014,w.e.f. 9-1-2014.
165ibid.
166ibid.
167ibid.
168ibid.
169ibid.
Quarterly disclosures
49. A Collective Investment Management Company, on behalf of the 170 [collective investment scheme]shall before the expiry of one month from the close of each quarter that is31st March, 30th June, 30th September and 31st December publish itsunaudited financial results in one daily newspaper having nationwidecirculation and in a newspaper published in the language of the region where the Head Office of the Collective Investment Management Company issituated.
Provided that the quarterly unaudited report referred in this sub-regulationshall contain details as specified in the regulations and such other details asare necessary for the purpose of providing a true and fair view of theoperations of the 171 [collective investment scheme].
Disclosures to the investors
50. The trustee shall ensure that the Collective Investment ManagementCompany shall make such disclosures to the unit holders as are essential inorder to keep them informed about any matter which may have an adversebearing on their investments.
Calling of meeting of unit holders, transfer and transmission of units
51. The calling of meeting of unit holders as well as transfer and transmissionof units of 172 [collective investment scheme] shall be as per the provisions of the Eighth Schedule.
CHAPTER VII INSPECTION AND AUDIT Board’s right to inspect and investigate