Sale of government securities already contracted for purchase permitted under RBI guidelines, changing mutual funds regulatory practice. The amendment inserts a proviso to clause 6 of the Seventh Schedule to the Mutual Funds Regulations, 1996, permitting the sale of a government security already contracted for purchase, provided such sale is carried out in accordance with guidelines issued by the Reserve Bank of India. The change is effected under the Board's regulatory power and becomes effective upon publication in the Official Gazette.