Securities and Exchange Board of India (Foreign Venture Capital Investor) (Amendment) Regulations, 2001. - S.O. No.501(E) - SEBI/LE/29901/01 - SEBI

Securities and Exchange Board of India Notification Mumbai, the 07 th June, 2001 S.O. No.501(E).- In exercise of the powers conferred by sub-section (1) of section 30 of the Securities and Exchange Board of India Act, 1992 (No. 15 of 1992), the Securities and Exchange Board of India hereby makes the following regulations to amend the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000, namely :- I. (i) These regulations may be called the Securities and Exchange Board of India (Foreign Venture Capital Investors) (Amendment) Regulations, 2001. (ii) They shall come into force on the date of their publication in the Official Gazette. II. In the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000 :- 1. For clause (e) of sub-regulation (1) of regulation 2, the following clauses shall be substituted, namely :- (e) enquiry officer means an enquiry officer appointed by the Board under regulation 24. (ee) inspection or investigation officer means an officer appointed by the Board under regulation 16. 2. In regulation 4, in sub-regulation (1), (a) in clause (b), the word or appearing at the end of the clause shall be omitted. (b) in clause (d), the word or appearing at the end of the clause shall be omitted. (c) in clause (e), for the words venture capital fund after the words as a , the words foreign venture capital investors shall be substituted. (d) in clause (e), the word or appearing at the end of the clause shall be omitted. 3. In regulation 8, for the word fund , the word investor shall be substituted. 4. In clause (b) and sub-clause (ii) of clause (c) of regulation 11, for the words venture capital fund the words foreign venture capital investor shall be substituted. 5. The heading of regulation 29 for the words Appeal to Securities and Exchange Board of India shall be substituted by the words Appeal to Securities Appellate Tribunal . 6. In item II of Form B of Forms to First Schedule, for the word fund , the word investor shall be substituted. [F.No. SEBI/LE/29901/01] D.R. MEHTA, Chairman Foot Note : Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000, the Principal Regulation, was published in the Gazette of India on 15th September, 2000, vide SO 832(E).