Power to issue clarifications enables the board to issue circulars resolving application and interpretation difficulties in regulations. The Board is empowered to issue clarifications or guidelines in the form of circulars to remove difficulties in the application or interpretation of the Portfolio Managers Regulations, thereby providing explanatory guidance to resolve practical or interpretive difficulties in regulatory implementation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to issue clarifications enables the board to issue circulars resolving application and interpretation difficulties in regulations.
The Board is empowered to issue clarifications or guidelines in the form of circulars to remove difficulties in the application or interpretation of the Portfolio Managers Regulations, thereby providing explanatory guidance to resolve practical or interpretive difficulties in regulatory implementation.
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