Regulation 20 - Certain provisions not to apply - Securities And Exchange Board of India (Portfolio Managers) Regulations, 2020

Certain provisions not to apply. 20. The eligible fund managers shall be exempted from the following provisions pertaining to their activities as portfolio managers to eligible investment funds notwithstanding anything contained in these regulations, Schedules thereto or circulars issued thereunder: (i) sub-regulation (1), (2), (3) and (4) of Regulation 22; (ii) sub-regulation (2), (3), (4), (8) and (9) of Regulation 23; (iii) clause (b) of sub-regulation (1) of Regulation 24; (iv) clause (a) of sub-regulation (2) of Regulation 24 ; (v) sub-regulation (7) of Regulation 24; (vi) sub-regulation (11) of Regulation 24; (vii) Regulation 26; (viii) sub-regulation (3) of Regulation 30 ; (ix) sub-regulation (1), (2), and (3) of Regulation 31 ; (x) Form C in Schedule I ; and (xi) Schedules IV and V .