Amendment of section 9A.
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....fter the proviso, the following proviso shall be inserted, namely:-- "Provided further that where the said aggregate participation or investment in the fund exceeds five per cent. on the first day of April or the first day of October of the previous year, the condition mentioned in this clause shall be deemed to be satisfied, if it is satisfied within four months of the first day of April or the....
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....ation or investment in the fund, directly or indirectly, by persons resident in India does not exceed five per cent. of the corpus of the fund. It is proposed to amend the said clause so as to provide that the aggregate participation or investment in the fund, directly or indirectly, by persons resident in India does not exceed five per cent of the corpus of the fund, as on the 1st day of April a....