Regulatory fee collection required from offshore derivative instrument subscribers to be deposited periodically by foreign portfolio investors. FPIs must collect a regulatory fee from every subscriber of offshore derivative instruments and deposit it with the Board by electronic transfer into the designated bank account; the fee amount may be specified by the Board. The fee is payable once every three years, with a transitional requirement to collect and deposit the fee for the three year block beginning April 1, 2017 within two months of this amendment's notification.
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.
Regulatory fee collection required from offshore derivative instrument subscribers to be deposited periodically by foreign portfolio investors.
FPIs must collect a regulatory fee from every subscriber of offshore derivative instruments and deposit it with the Board by electronic transfer into the designated bank account; the fee amount may be specified by the Board. The fee is payable once every three years, with a transitional requirement to collect and deposit the fee for the three year block beginning April 1, 2017 within two months of this amendment's notification.
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