Conditions for the purpose of Schedule VI [Table: Sl. No. 5] to the Act

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....ents or over-the-counter derivatives; or (b) distribution of income on offshore derivative instruments or over-the-counter derivatives, under Schedule VI [Table: Sl. No. 5] of the Act, shall be exempted subject to fulfilment of the following conditions:- (i) the non-deliverable forward contract or offshore derivative instrument or over- the-counter derivative is entered into b....

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....the purposes of this rule,- (a) "derivative" shall have the same meaning as assigned to it in section 2(ac) of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); (b) "foreign portfolio investor" means a person registered under the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 made under the Securities and Exchange Board of India....