TaxTMI 
TaxTMI 
Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2008.
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....into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993: - (i) in regulation 6, in sub regulation (2), in clause (d), for the words 'experience as portfolio manager or stock broker or investment manager' the words 'experience in related activities in portfolio management or stock broking or investment management' shall be substituted; (ii) in regulation 7, - (a) for the words "fifty lacs rupees" occurring at the end, the words "two crore rupees" shall be substituted; (b) before the Explanation, the following provisos shall be inserted, namely:- "Provided that a portfolio manager, who was granted a certificate under these regulations p....
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....oard of India (Portfolio Managers) (Amendment) Regulations, 2008, relax the strict enforcement of this regulation." (iv) in Schedule I- (A) in Form A- (I) in part I- (a) in clause 2.3, the words and commas "partnership, proprietary," shall be omitted; (b) in clause 2.5, the marks and words "/partners/Proprietor" shall be omitted; (c) in clause 5.1, notes 1 and 2 occurring at the end shall be omitted; (II) in part II (a) clause 7.3 shall be omitted; (b) in clause 7.4 the word "scheme" shall be omitted; (c) in clause 7.5, the words and brackets "(Client wise and Scheme wise)" shall be omitted; (d) in clause 8.3, in para (a), the words "Average period of Portfolio Management Schemes" wherever they occur shall be omitted; (III) in d....
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.... of India (Portfolio Managers) Regulations, 1993, were subsequently amended on: - a. November 28, 1993 by, SEBI (Portfolio Managers) (Amendment) Regulations, 1993 published in the Official Gazette vide S.O. No. 939(E). b. November 28, 1995 by SEBI (Payment of Fees) (Amendment) Regulations, 1995 vide S.O No.939 (E). c. January 05, 1998 by SEBI (Portfolio Managers) (Amendment) Regulations, 1998 published in the Official Gazette vide S.O. No. 20 (E). d. September 30, 1999 by SEBI (Portfolio Managers) (Amendment) Regulations, 1999 published in the Official Gazette vide S.O. No. 793 (E). e. February 22, 2000 by SEBI (Portfolio Managers) (Amendment) Regulations, 2000 published in the Official Gazette vide S.O. No. 146 (E). f. March 28, 2000....