Regulation 4A - Application by a scheme or arrangement deemed to be a collective investment scheme - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999

1 [Application by a scheme or arrangement deemed to be a collective investment scheme 4A. (1) Any person proposing to carry on or sponsor or launch any scheme or arrangement which would be deemed to be a collective investment scheme under the proviso to sub-section (1) of section 11AA of the Act, shall make an application for grant of registration as a Collective Investment Management Company in Form A: Provided that any scheme or arrangement which is otherwise regulated or prohibited under any other law shall not be deemed to be a collective investment scheme. (2) All other provisions of these regulations and the guidelines and circulars issued thereunder, shall apply to any scheme or arrangement deemed to be a collective investment scheme under the proviso to sub-section (1) of section 11AA of the Act.] ************* NOTES:- 1 Inserted, ibid.