The Tax Publishers

Notification No. F. No. SEBI/LAD-NRO/GN/2022/89 [ADVT.-III/4/Exty./193/2022-23], dt. 25-07-2022

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2022

In exercise of the powers conferred by sub-section (1) of Section 30 read with sub-section (1) of Section 11, clause (ba) and clause (c) of sub-section (2) of Section 11 and sub-section (1) and (1B) of Section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, namely--

1. These Regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2022.

2. They shall come into force on the date of their publication in the Official Gazette:

3. In the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012--

I. In sub-regulation (1) of regulation 2,--

(i) After clause (q), the following clause (qa) shall be inserted, namely--

(qa) not for profit organization shall have the same meaning as assigned to it in clause (e) of regulation 292A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018;

(ii) after clause (t), the following clauses (ta), (tb), (tc) and (td) shall be inserted, namely--

(ta) social enterprise shall have the same meaning as assigned to it in clause (h) of regulation 292A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018;

SUBSCRIBE TaxPublishers.inSUBSCRIBE FOR FULL CONTENT

TaxPublishers.in

'Kedarnath', 7, Avadh Vihar, Near Nirali Dhani,

Chopasni Road

Jodhpur - 342 008 (Rajasthan) INDIA

Phones : 9785602619 (11 am - 5 pm)

E-Mail : mail@taxpublishers.in / mail.taxpublishers@gmail.com