https://www.taxtmi.com/acts?id=34597 The regulation permits credit enhancement and use of a liquidity facility by special purpose distinct entities subject to full disclosure and detailed conditions: the provider must be regulated, the facility separately documented and arms length, fees not subordinated, limited in amount and duration, restricted to specific drawdown circumstances with priority on cash flows once drawn, and prohibited from serving as permanent support or funding recurring or final investor payments; non compliance causes the facility to be treated as credit enhancement. en-us Tue, 08 Jan 2019 15:11:34 +0530 Tue, 06 May 2025 14:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34597 The regulation permits credit enhancement and use of a liquidity facility by special purpose distinct entities subject to full disclosure and detailed conditions: the provider must be regulated, the facility separately documented and arms length, fees not subordinated, limited in amount and duration, restricted to specific drawdown circumstances with priority on cash flows once drawn, and prohibited from serving as permanent support or funding recurring or final investor payments; non compliance causes the facility to be treated as credit enhancement. Act-Rules SEBI Tue, 08 Jan 2019 15:11:34 +0530 https://www.taxtmi.com/acts?id=34597