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<h1>Venture capital fund classification now treated as Category I alternative investment fund under IFSCA regulations.</h1> The Venture Capital Fund referred to in sub-regulation (2) of regulation 18 of the International Financial Services Centres Authority (Fund Management) Regulations, 2022 shall be construed as a Category I Alternative Investment Fund regulated under those Fund Management Regulations for purposes of the specified sub-item of the Explanation to clause (23FB) of section 10; the provision was inserted by notification dated 27 January 2025.