Lawzonline.comSign-in | Register
 
Home|Law Discussion Forum|Community Forum|Professional Search|Law Dictionary|Bare Acts|Law Schools|State Bare Acts
 

 

SEBI (Amendment) Regulations


 
 
 

 

Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2004

 

S.O No.654 (E). In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993, namely :-
1. These Regulations may be called the Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2004.
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 (Portfolio Managers) Regulations, 1993:
(i) in Regulation 3, for sub-regulation (1), the following shall be substituted, namely:
" (1) "An application by a Portfolio Manager for the grant of a certificate shall be made to the Board in Form A and shall be accompanied by a non–refundable application fee, as specified in clause (1) of Schedule II, to be paid in the manner specified in Part B thereof."
ii. In Regulation 8,
1. after the words "on receipt of the payment of" and before the word "fees", the word, "registration", shall be inserted.
2. after the words "as specified in", and before the words "Schedule II", the words "clause (1A) of", shall be inserted.
iii. In Schedule II,
1. for the existing clause (1), the following shall be substituted, namely:-
"(1) "Every portfolio manager shall pay a sum of Rs. 25,000/- as application fees along with the application for grant of certificate of registration.
(1A) Every portfolio manager shall pay a sum of Rs. 5 lakhs as registration fees at the time of the grant of certificate by the Board."


 
Bare Acts Alphabetically: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
 

 

 
 
 
 
 


  SEBI
  SEBI Rules
  SEBI Regulations
  SEBI Amendment Rules

More About >>
  RBI
  FEMA
  Company Law
  Telecommunication Law
  Tax Law
  Central Rules
  Central Regulations
  Amendments
  Legal Links

 

_________________________________

Other Tags >>

  SEBI

  Family Laws

  Labour Laws

  FDI

  Banking Laws

  Debt Recovery Laws

  Insurance Laws

  Business & Commercial Laws

  Consumer laws

  Corporate law

  Criminal law

  Environmental law

  Intellectual Property law

  Media & Press laws

  Pharma & Medical laws

  Professional law

  Property law

_________________________________

Privacy PolicyDisclaimer | Link partners