PAYMENT OF FEES APPLICABLE TO FOREIGN PORTFOLIO INVESTOR

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....tronic transfer in the designated bank account of the Board, in order to buy, sell or otherwise deal in securities under the SEBI (Foreign Portfolio Regulations), 2014. (2) However, no fee shall be payable by the applicant, which is an international/multilateral agency such as World Bank and other institutions, established outside India for providing aid, which have been granted privileges and immunities from payment of tax and duties by the Central Government. Registration Fee (3) Foreign portfolio investor belonging to Category I shall be exempted from the payment of registration fees. (4) Where many foreign portfolio investors have ^6[direct/indirect common ownership or control], only one foreign portfolio investor shall be e....

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....me to time. (9) Any foreign portfolio investor, whose registration fee has not been received by the Board within the prescribed time, shall not make any fresh investment. The concerned designated depository participant shall immediately block/ freeze the accounts of such foreign portfolio investors and intimate the details of such foreign portfolio investors to the Board, forthwith. PART B PAYMENT OF FEES APPLICABLE TO DESIGNATED DEPOSITORY PARTICIPANT [See regulation 11(2) and regulation 14(1) and (3)] (1) Every designated depository participant shall pay application fees and approval fees, before commencement of its activity. (2) Every designated depository participant shall pay application fees of ^1[Rs.]10,000/- a....