Combining provisional and regular registration allows direct regular approval for active trusts, streamlining application and approval processes. Amendments permit trusts and institutions that have already commenced activities to seek direct regular approval instead of provisional registration; such ... Summary
Combining provisional and regular registration allows direct regular approval for active trusts, streamlining application and approval processes.
Amendments permit trusts and institutions that have already commenced activities to seek direct regular approval instead of provisional registration; such applications are to be examined by the Principal Commissioner or Commissioner under applicable procedures, and registration may be granted for a multi year term if the authority is satisfied about objects, genuineness and statutory compliance, with the authority required to pass an order granting or rejecting the application within the prescribed decision period from receipt.
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