THIRD SCHEDULE - NEGATIVE LIST - Securities And Exchange Board of India (Venture Capital Funds) Regulations, 1996

1 [THIRD SCHEDULE Securities and Exchange Board of India (Venture Capital Funds) Regulations, 1996 [See Regulation 2(3)] NEGATIVE LIST (1) 2 [***] (2) Non-banking financial services 3 [excluding those Non-Banking Financial Companies which are registered with Reserve Bank of India and have been categorized as Equipment Leasing or Hire Purchase Companies.]. (3) Gold financing 4 [excluding those Companies which are engaged in gold financing for jewellery.]. (4) Activities not permitted under industrial policy of Government of India. (5) Any other activity which may be specified by the Board in consultation with Government of India from time to time.] ---------------- Notes: 1. Inserted by the SEBI (Venture Capital Funds) (Amendment) Regulations, 2000, w.e.f. 15-09-2000. 2. Words Real Estate omitted by the SEBI (Venture Capital Funds) (Amendment) Regulations, 2004, w.e.f. 05-04-2004. 3. Inserted, by the SEBI (Venture Capital Funds) (Amendment) Regulations, 2000, w.e.f. 15-09-2000. 4. Inserted, by the SEBI (Venture Capital Funds) (Amendment) Regulations, 2000, w.e.f. 15-09-2000.