Regulation 30 - Offer period - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999

2 [Offer period 30. No collective investment scheme shall be open for subscription for more than fifteen days: Provided that collective investment scheme may be kept open for subscription for a maximum of another fifteen days subject to issuance of public notice by the Collective Investment Management Company before the expiry of initial fifteen days. ] ************** NOTES:- 1 Substituted by the SEBI (Collective Investment Schemes) (Amendment) Regulations, 2014, w.e.f. 9-1-2014. 2. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/84 dated 10-05-2022 before it was read as, Offer period 30. No 1 [collective investment scheme] shall be open for subscription for more than 90 days.