Timeframe for foreign contribution reporting extended to within nine months, altering compliance period for regulated entities. The amendment to the Foreign Contribution (Regulation) Rules replaces the previous requirement to act 'within four months' with a requirement to act 'within nine months,' thereby extending the compliance period for the filing obligation in the specified rule; it takes effect on publication in the Official Gazette.
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Timeframe for foreign contribution reporting extended to within nine months, altering compliance period for regulated entities.
The amendment to the Foreign Contribution (Regulation) Rules replaces the previous requirement to act "within four months" with a requirement to act "within nine months," thereby extending the compliance period for the filing obligation in the specified rule; it takes effect on publication in the Official Gazette.
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