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Core Purpose

Notification under section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 appointing the dates of commencement for various provisions of the SEBI (Mutual Funds) (Amendment) Regulations, 2023.

Detailed Summary

The Securities and Exchange Board of India, via notification No. SEBI/LAD-NRO/GN/2023/141 dated 26th July 2023, in exercise of powers under section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), appoints the date of publication of the notification in the Official Gazette as the date on which sub-regulation (XII) of regulation 3 of the SEBI (Mutual Funds) (Amendment) Regulations, 2023 comes into force, and separately appoints 1st January 2024 as the date on which specified clauses and sub-regulations of regulation 3 of the same Amendment Regulations come into force, namely clauses (ii) and (iii) of sub-regulation (I) and sub-regulations (V), (VI), (VIII), (IX), (X), (XI), (XV), (XVI), (XVII), (XVIII), (XIX), (XX), (XXI), (XXII), (XXIII), and (XXV); the notification is signed by Babitha Rayudu, Executive Director, under reference ADVT.-III/4/Exty./306/2023-24.

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 524] NEW DELHI, WEDNES DAY, JULY 26, 2023/ SHR AVANA 4, 1945 CG-MH-E-26072023-247623 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 26th July 2023 No. SEBI/LAD -NRO/GN/2023/141 .—In exercise of the powers conferred by section 30 read with clause (c) of sub -section (2 ) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby appoints: - 1. that sub -regulation (XII) of regulation 3 of the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2023 shall co me into force on the date of publication of this notification in the Official Gazette. 2. the 1st day of January, 2024 as the date on which the following provisions of regulation 3 of the Securities and Exchange Board of India (Mutual Funds) (Amendment) R egulations, 2023, shall come into force, namely: - i. clauses (ii) and (iii) of sub -regulation (I); ii. sub-regulation (V); iii. sub-regulation (VI); iv. sub-regulation (VIII); v. sub-regulation (IX); vi. sub-regulation (X); vii. sub-regulation (X1); viii. sub-regulation (XV); ix. sub-regulatio n (XVI); x. sub-regulation (XVII); xi. sub-regulation (XVIII); xii. sub-regulation (XIX); xiii. sub-regulation (XX); xiv. sub-regulation (XXI); xv. sub-regulation (XXII); xvi. sub-regulation (XXIII); xvii. sub-regulation (XXV); and xviii. sub-regulation (XXVI). BABITHA RAYUDU , Executive Director [ADVT.-III/4/Exty./ 306/2023 -24] Uploaded by Dte . of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054 .

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