Exemption for FPIs investing only in Government Securities - specified regulatory compliance provisions are made inapplicable by amendment. The amendments exempt foreign portfolio investors who invest only in Government Securities from specified provisions: sub-clauses (i), (ii) and (iv) of regulation 4(c), and qualifying provisos in regulation 22 sub-regulations (1), (3) and (5); additionally, a textual insertion adds the word 'further' to an existing proviso. The changes operate pursuant to SEBI's statutory powers and commence on the one hundred eightieth day after Gazette publication.
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.
Exemption for FPIs investing only in Government Securities - specified regulatory compliance provisions are made inapplicable by amendment.
The amendments exempt foreign portfolio investors who invest only in Government Securities from specified provisions: sub-clauses (i), (ii) and (iv) of regulation 4(c), and qualifying provisos in regulation 22 sub-regulations (1), (3) and (5); additionally, a textual insertion adds the word "further" to an existing proviso. The changes operate pursuant to SEBI's statutory powers and commence on the one hundred eightieth day after Gazette publication.
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