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    <description>Amendments shorten mutual fund reporting timelines by substituting &quot;four months&quot; for the prior six-month period in Regulation 56(1) and Regulation 57, and replace the proviso to Regulation 56(2) to require that the abridged scheme-wise Annual Report mailed to unitholders be in the format prescribed by the Board; commencement is upon publication in the Official Gazette under the Board&#039;s section 30 powers.</description>
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