Regulation 26 - Disclosures in the offer document - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999

Disclosures in the offer document 26. (1) The Collective Investment Management Company shall before launching any 1 [collective investment scheme] file a copy of the offer document of the 2 [collective investment scheme] as referred to in sub-regulation (1) of regulation 24 with the Board and pay filing fees as specified in the Second Schedule. (2) The offer document shall contain such information as specified in the Sixth Schedule. (3) The offer document shall also contain true and fair view of the 3 [collective investment scheme] and adequate disclosures to enable the investors to make informed decision. (4) The Board may in the interest of investors require the Collective Investment Management Company to carry out such modifications in the offer document as it deems fit. (5) In case no modifications are suggested by the Board in the offer document within 21 days from the date of filing, the Collective Investment Management Company may issue the offer document to public. ************** NOTES:- 1 ibid. 2 ibid. 3 ibid.