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Section 5

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

(1) Any person who immediately prior to the commencement of theseregulations was operating a 15 [collective investment scheme], shall subject to the provisions ofChapter IX of these regulations make an application to the Board for the grantof a certificate within a period of two months from such date.

(2) An application under sub-regulation (1) shall contain such particulars asare specified in Form A and shall be treated as an application made inpursuance of regulation 4 and dealt with accordingly.

Application fee to accompany the application

6. Every application for registration under regulation 4 shall be accompaniedby a non-refundable application fee as specified in the Second Schedule.

Application to conform to the requirements 13 Substituted by the SEBI (Collective Investment Schemes) (Amendment) Regulations, 2014,w.e.f. 9-1-2014.

14Inserted, ibid.

15Substituted by the SEBI (Collective Investment Schemes) (Amendment) Regulations, 2014,w.e.f. 9-1-2014.

7. An application, which is not complete in all respects or does not conform tothe requirements of regulation 6 or regulation 9 shall be rejected by the BoardProvided that before rejecting any such application, the applicant may begiven an opportunity to remove within one month such objections as may beindicated by the BoardProvided further that the Board may on sufficient reasons being shownextend the time in order to enable the applicant to remove such objections.

Furnishing information

Where this provision sits

Actthe Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999. Last amended on March 06, 2017
Section5
JurisdictionCentral
StatusIn force as published by the source

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